Rhumbline Advisers Boosts Stock Position in Tuniu Co. (NASDAQ:TOUR)

Rhumbline Advisers grew its stake in shares of Tuniu Co. (NASDAQ:TOUR) by 166.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,817 shares of the technology company’s stock after buying an additional 16,110 shares during the period. Rhumbline Advisers’ holdings in Tuniu were worth $27,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TOUR. Symmetry Peak Management LLC purchased a new position in Tuniu in the 3rd quarter worth approximately $39,000. XTX Topco Ltd lifted its holdings in Tuniu by 163.8% in the 3rd 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. Public Employees Retirement System of Ohio purchased a new position in Tuniu in the 3rd quarter worth approximately $50,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Tuniu by 13.4% in the 3rd 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.

Tuniu Trading Up 4.7 %

NASDAQ TOUR opened at $1.11 on Wednesday. The stock’s 50 day moving average is $1.01 and its 200 day moving average is $1.03. Tuniu Co. has a 12 month low of $0.59 and a 12 month high of $1.76. The stock has a market cap of $137.47 million, a PE ratio of -111,000.00 and a beta of 1.63.

Analysts Set New Price Targets

Separately, StockNews.com raised 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.