Mercer Capital Advisers Inc. acquired a new position in shares of Trip.com Group Limited (NASDAQ:TCOM) during the 4th quarter, Holdings Channel reports. The fund acquired 2,000 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds have also bought and sold shares of the company. Coronation Fund Managers Ltd. acquired a new stake in shares of Trip.com Group during the fourth quarter worth $96,830,000. Marathon Asset Management LLP acquired a new position in Trip.com Group in the fourth quarter valued at $29,398,000. DNB Asset Management AS acquired a new position in Trip.com Group in the fourth quarter valued at $16,612,000. Assenagon Asset Management S.A. acquired a new position in Trip.com Group in the fourth quarter valued at $8,239,000. Finally, Nepsis Inc. acquired a new position in Trip.com Group in the fourth quarter valued at $6,447,000. Institutional investors and hedge funds own 65.70% of the company’s stock.

NASDAQ:TCOM traded down $2.57 during mid-day trading on Friday, hitting $31.69. The company had a trading volume of 768,782 shares, compared to its average volume of 5,293,007. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 1.02. Trip.com Group Limited has a 1 year low of $28.55 and a 1 year high of $46.50. The firm has a market capitalization of $19.05 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 2.06 and a beta of 1.59.

Trip.com Group (NASDAQ:TCOM) last released its quarterly earnings data on Wednesday, November 13th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.17 by $0.26. Trip.com Group had a return on equity of 4.31% and a net margin of 11.15%. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.51 billion. Equities analysts anticipate that Trip.com Group Limited will post 0.96 EPS for the current year.

A number of research analysts recently weighed in on TCOM shares. Sanford C. Bernstein cut Trip.com Group from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $43.00 to $39.00 in a report on Tuesday. Mizuho reissued a “buy” rating and issued a $40.00 price objective on shares of Trip.com Group in a research report on Friday, December 20th. Zacks Investment Research lowered Trip.com Group from a “buy” rating to a “hold” rating in a research report on Friday. Finally, TheStreet raised Trip.com Group from a “d+” rating to a “c” rating in a research report on Monday, December 16th.

Trip.com Group Company Profile

Trip.com Group Limited operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection, express security check, and real-time flight status.

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Institutional Ownership by Quarter for Trip.com Group (NASDAQ:TCOM)

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