Nordea Investment Management AB Sells 190,014 Shares of Trip.com Group Limited Sponsored ADR $TCOM

Nordea Investment Management AB reduced its stake in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOMFree Report) by 23.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 633,839 shares of the company’s stock after selling 190,014 shares during the period. Nordea Investment Management AB owned about 0.10% of Trip.com Group worth $47,791,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of TCOM. Advisory Services Network LLC boosted its position in shares of Trip.com Group by 2.1% during the second quarter. Advisory Services Network LLC now owns 8,438 shares of the company’s stock valued at $523,000 after buying an additional 176 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in Trip.com Group by 2.1% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 8,934 shares of the company’s stock worth $524,000 after acquiring an additional 184 shares during the last quarter. Frank Rimerman Advisors LLC grew its stake in shares of Trip.com Group by 1.7% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 10,958 shares of the company’s stock worth $643,000 after acquiring an additional 185 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Trip.com Group by 3.9% in the second quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock valued at $317,000 after purchasing an additional 205 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Trip.com Group by 44.2% during the second quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock valued at $41,000 after purchasing an additional 215 shares in the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Performance

NASDAQ:TCOM opened at $62.78 on Thursday. The company has a market capitalization of $41.01 billion, a P/E ratio of 10.04, a P/E/G ratio of 2.52 and a beta of -0.13. The business has a fifty day simple moving average of $72.03 and a two-hundred day simple moving average of $69.43. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.48. Trip.com Group Limited Sponsored ADR has a 1 year low of $51.35 and a 1 year high of $78.99.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Zacks Research raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Benchmark upped their target price on Trip.com Group from $80.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Trip.com Group in a research report on Monday, December 29th. Barclays boosted their price objective on Trip.com Group from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 19th. Finally, Bank of America raised their target price on Trip.com Group from $83.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat.com, Trip.com Group presently has a consensus rating of “Buy” and an average price target of $81.25.

Check Out Our Latest Report on Trip.com Group

Key Stories Impacting Trip.com Group

Here are the key news stories impacting Trip.com Group this week:

  • Positive Sentiment: Trip.com still shows strong balance-sheet metrics (very low debt-to-equity ~0.06 and healthy liquidity ratios), which may help the company absorb fines or legal costs if they arise.
  • Neutral Sentiment: Trip.com publicly disclosed it has received a notice of investigation from China’s State Administration for Market Regulation under the Anti‑Monopoly Law; the company has not disclosed details of alleged conduct or penalties yet. Announcement from Trip.com Group
  • Neutral Sentiment: Major financial and news outlets are reporting the probe broadly, increasing market attention and near‑term volatility as investors await regulator findings. Investopedia Coverage
  • Negative Sentiment: Two plaintiff‑side law firms have announced securities‑class‑action investigations tied to Trip.com’s disclosure, raising the prospect of litigation, discovery costs and potential settlements or judgments. Rosen Law Firm Notice Frank R. Cruz Notice
  • Negative Sentiment: Market reaction has been severe, with commentary noting the stock’s sharp decline and one of its worst single‑day drops in years — driven by regulatory uncertainty and heightened selling pressure. Schaeffers Research

Trip.com Group Profile

(Free Report)

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.

Further Reading

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

Receive News & Ratings for Trip.com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trip.com Group and related companies with MarketBeat.com's FREE daily email newsletter.