Sanders Capital Adds $30M in Trip.com Group Limited ($TCOM)
Key Points
- Sanders Capital changed its Trip.com Group Limited ($TCOM) stake by 7.58% last quarter, boosting to 10,640,774 shares worth $423.93 million.
- Wall Street's consensus rating on $TCOM is Strong Buy and an average price target of $60.50.
- $TCOM last traded around $39.84.
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Sanders Capital increased its position in Trip.com Group Limited ($TCOM) by 7.58% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,640,774 shares of Trip.com Group Limited after buying 750,137 shares during the quarter. Sanders Capital's holdings in Trip.com Group Limited were worth $423.93 million as of its most recent filing.
Trip.com Group Limited Stock Down 12.1%
Shares of Trip.com Group Limited ($TCOM) traded around $39.84 on Saturday, down 12.1% for the day.
Trip.com Group Limited Earnings
Trip.com Group Limited Dividend
Analysts Set New Price Targets
About Trip.com Group Limited
Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally. It acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services. The company also provides travelers bundled packaged-tour products, such as group, semi-group, and customized and packaged tours with various transportation arrangements, including air, cruise, bus, and car rental services. In addition, it offers integrated transportation and accommodation services; ticket, activity, insurance, visa, and tour guide services; and user support, supplier management, and customer relationship management services; and in-destination products and services. Further, the company provides Trip.Biz, a digital first, full-service, corporate travel management business which provides technology-enabled solutions for organizations managing business travel. Additionally, it offers online advertising and financial services, such as marketing planning and travel media services; Omni-Channel Touchpoints for Users; and Open Platform for Ecosystem Partners. It operates under the Ctrip, Qunar, Trip.com, Travix, Travelfusion, and Skyscanner brand names. The company was formerly known as Ctrip.com International, Ltd. and changed its name to Trip.com Group Limited in October 2019. Trip.com Group Limited was founded in 1999 and is based in Singapore.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.