Standard Life Aberdeen plc acquired a new position in shares of Group Limited (NASDAQ:TCOM) during the 4th quarter, Holdings Channel reports. The fund acquired 1,135,523 shares of the company’s stock, valued at approximately $38,085,000.

A number of other institutional investors have also recently added to or reduced their stakes in TCOM. Signaturefd LLC bought a new stake in Group in the fourth quarter valued at approximately $26,000. Truewealth LLC bought a new position in shares of Group during the fourth quarter worth $32,000. Credit Agricole S A bought a new position in shares of Group during the fourth quarter worth $43,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Group during the fourth quarter worth $45,000. Finally, Lindbrook Capital LLC acquired a new position in shares of Group in the 4th quarter valued at $53,000. 65.52% of the stock is currently owned by institutional investors and hedge funds.

TCOM has been the topic of several recent analyst reports. Mizuho reduced their target price on Group from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. Oppenheimer dropped their price target on Group from to in a research report on Monday. ValuEngine upgraded Group from a “sell” rating to a “hold” rating in a research report on Friday, January 24th. TheStreet upgraded shares of Group from a “d+” rating to a “c” rating in a report on Monday, December 16th. Finally, Credit Suisse Group lowered shares of Group from an “outperform” rating to a “neutral” rating in a research note on Thursday, March 19th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Group has a consensus rating of “Hold” and a consensus price target of $33.76.

TCOM traded up $0.94 during trading on Thursday, reaching $25.02. 8,906,600 shares of the stock were exchanged, compared to its average volume of 8,130,219. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.02 and a current ratio of 0.98. The business’s 50 day moving average price is $29.72. Group Limited has a twelve month low of $20.10 and a twelve month high of $46.50. The company has a market cap of $13.01 billion, a PE ratio of 15.16, a P/E/G ratio of 4.58 and a beta of 1.64. Group (NASDAQ:TCOM) last announced its quarterly earnings results on Wednesday, March 18th. The company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $1.95. Group had a net margin of 19.97% and a return on equity of 4.85%. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. The company’s quarterly revenue was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Group Limited will post 0.28 EPS for the current year.

About Group 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 Group (NASDAQ:TCOM)

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