Amundi raised its holdings in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 421.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,382 shares of the travel company's stock after purchasing an additional 81,945 shares during the period. Amundi owned 0.07% of Tripadvisor worth $1,529,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of TRIP. True Wealth Design LLC bought a new stake in Tripadvisor during the 3rd quarter valued at $27,000. Bogart Wealth LLC purchased a new stake in Tripadvisor during the 4th quarter worth about $30,000. Blue Trust Inc. boosted its stake in Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock worth $33,000 after purchasing an additional 1,543 shares during the period. GAMMA Investing LLC grew its holdings in Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock valued at $54,000 after buying an additional 2,469 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Tripadvisor during the fourth quarter valued at about $58,000. Institutional investors own 98.99% of the company's stock.
Tripadvisor Trading Down 0.6 %
Tripadvisor stock traded down $0.09 during mid-day trading on Friday, hitting $14.89. The company's stock had a trading volume of 1,957,097 shares, compared to its average volume of 2,317,574. Tripadvisor, Inc. has a 12 month low of $12.93 and a 12 month high of $28.76. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. The business has a 50 day moving average price of $15.90 and a 200-day moving average price of $15.00. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 744.87, a price-to-earnings-growth ratio of 9.01 and a beta of 1.35.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08). Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. The company had revenue of $411.00 million during the quarter, compared to analysts' expectations of $400.02 million. As a group, analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. B. Riley reduced their price objective on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. UBS Group restated a "neutral" rating on shares of Tripadvisor in a research report on Tuesday, February 4th. JPMorgan Chase & Co. increased their price objective on Tripadvisor from $14.00 to $15.00 and gave the stock an "underweight" rating in a research report on Friday, February 21st. Cantor Fitzgerald reduced their target price on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Finally, Wedbush restated a "neutral" rating and issued a $17.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Tripadvisor presently has an average rating of "Hold" and an average target price of $17.57.
Read Our Latest Stock Analysis on Tripadvisor
About Tripadvisor
(
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.
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