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

Rhumbline Advisers grew its stake in shares of Tuniu Co. (NASDAQ:TOURFree Report) 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.

Get Our Latest Analysis on Tuniu

Tuniu Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Tuniu (NASDAQ:TOUR)

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