Dimensional Fund Advisors LP boosted its holdings in shares of Tuniu Corp (NASDAQ:TOUR) by 35.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,956 shares of the technology company’s stock after purchasing an additional 47,727 shares during the quarter. Dimensional Fund Advisors LP owned about 0.14% of Tuniu worth $1,541,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in TOUR. Aperio Group LLC bought a new position in Tuniu during the second quarter valued at $169,000. Bank of Montreal Can increased its position in Tuniu by 64.8% during the second quarter. Bank of Montreal Can now owns 65,370 shares of the technology company’s stock valued at $554,000 after acquiring an additional 25,698 shares during the last quarter. Finally, BlackRock Inc. increased its position in Tuniu by 7.7% during the first quarter. BlackRock Inc. now owns 630,939 shares of the technology company’s stock valued at $3,799,000 after acquiring an additional 45,306 shares during the last quarter. 20.67% of the stock is currently owned by institutional investors.
TOUR stock opened at $6.54 on Monday. Tuniu Corp has a twelve month low of $5.81 and a twelve month high of $9.88.
Separately, BidaskClub upgraded shares of Tuniu from a “sell” rating to a “hold” rating in a research report on Saturday, October 13th.
Tuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa application services, financial services, and hotel booking services, as well as air, train, and bus ticketing and car rental services for leisure travelers.
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