Toronado Partners LLC bought a new stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 713,163 shares of the travel company's stock, valued at approximately $10,533,000. Tripadvisor makes up about 6.7% of Toronado Partners LLC's investment portfolio, making the stock its 10th largest position. Toronado Partners LLC owned approximately 0.51% of Tripadvisor as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of Tripadvisor by 8.7% in the 4th quarter. LPL Financial LLC now owns 12,511 shares of the travel company's stock valued at $185,000 after buying an additional 997 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock worth $33,000 after acquiring an additional 1,543 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in shares of Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company's stock worth $50,000 after acquiring an additional 1,557 shares in the last quarter. Bogart Wealth LLC acquired a new stake in shares of Tripadvisor during the fourth quarter worth about $30,000. Finally, Sterling Capital Management LLC lifted its holdings in shares of Tripadvisor by 55.5% during the 4th quarter. Sterling Capital Management LLC now owns 6,219 shares of the travel company's stock valued at $92,000 after purchasing an additional 2,219 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.
Tripadvisor Stock Up 1.3 %
Shares of Tripadvisor stock traded up $0.15 on Tuesday, reaching $11.86. 1,818,789 shares of the company were exchanged, compared to its average volume of 2,457,477. Tripadvisor, Inc. has a one year low of $10.43 and a one year high of $27.63. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average of $14.48 and a 200 day moving average of $14.86. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 593.30, a PEG ratio of 9.01 and a beta of 1.25.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. The firm had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million. On average, equities research analysts forecast that Tripadvisor, Inc. will post 0.46 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have commented on TRIP shares. B. Riley dropped their target price on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. DA Davidson reaffirmed a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, February 20th. JPMorgan Chase & Co. reduced their target price on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating for the company in a research note on Tuesday, April 8th. StockNews.com raised Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Finally, Cantor Fitzgerald reduced their price objective on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $17.29.
View Our Latest Report on TRIP
Tripadvisor Profile
(
Free Report)
TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.
Featured Stories
Before you consider Tripadvisor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tripadvisor wasn't on the list.
While Tripadvisor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
