Rhumbline Advisers Increases Stock Holdings in Tuniu Co. (NASDAQ:TOUR)

Rhumbline Advisers increased its holdings in Tuniu Co. (NASDAQ:TOUR) by 166.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,817 shares of the technology company’s stock after acquiring an additional 16,110 shares during the quarter. Rhumbline Advisers’ holdings in Tuniu were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TOUR. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Tuniu by 13.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company’s stock worth $196,000 after purchasing an additional 16,248 shares in the last quarter. XTX Topco Ltd raised its holdings in Tuniu by 163.8% in the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company’s stock worth $41,000 after purchasing an additional 18,000 shares in the last quarter. Symmetry Peak Management LLC bought a new position in Tuniu in the third quarter worth $39,000. Finally, Public Employees Retirement System of Ohio bought a new position in Tuniu in the third quarter worth $50,000.

Tuniu Price Performance

Shares of NASDAQ:TOUR opened at $1.11 on Wednesday. Tuniu Co. has a 1-year low of $0.59 and a 1-year high of $1.76. The business has a fifty day moving average price of $1.01 and a 200-day moving average price of $1.03. The company has a market capitalization of $137.47 million, a PE ratio of -111,000.00 and a beta of 1.63.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Tuniu from a “hold” rating to a “buy” rating in a report on Friday, November 29th.

Tuniu Company Profile

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.