Tripadvisor, Inc. (NASDAQ:TRIP) Position Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 544.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,044 shares of the travel company's stock after buying an additional 93,822 shares during the quarter. GSA Capital Partners LLP owned 0.08% of Tripadvisor worth $1,609,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TRIP. Fifth Third Bancorp lifted its position in shares of Tripadvisor by 104.1% during the second quarter. Fifth Third Bancorp now owns 1,659 shares of the travel company's stock worth $30,000 after purchasing an additional 846 shares in the last quarter. Swiss National Bank lifted its position in shares of Tripadvisor by 0.6% during the first quarter. Swiss National Bank now owns 210,900 shares of the travel company's stock worth $5,861,000 after purchasing an additional 1,200 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of Tripadvisor by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 54,700 shares of the travel company's stock worth $974,000 after purchasing an additional 1,200 shares in the last quarter. Texas Permanent School Fund Corp lifted its position in shares of Tripadvisor by 1.4% during the first quarter. Texas Permanent School Fund Corp now owns 94,621 shares of the travel company's stock worth $2,630,000 after purchasing an additional 1,264 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Tripadvisor by 5.3% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 32,423 shares of the travel company's stock worth $898,000 after purchasing an additional 1,626 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on TRIP. TD Cowen raised their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a report on Thursday, November 7th. BTIG Research reduced their target price on shares of Tripadvisor from $25.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, August 7th. DA Davidson reduced their target price on shares of Tripadvisor from $20.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, August 12th. The Goldman Sachs Group dropped their price target on shares of Tripadvisor from $27.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Finally, B. Riley increased their price target on shares of Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $18.33.

Tripadvisor Price Performance

Shares of NASDAQ TRIP traded up $0.14 on Wednesday, hitting $14.40. The company's stock had a trading volume of 1,821,203 shares, compared to its average volume of 2,347,178. Tripadvisor, Inc. has a 12-month low of $12.93 and a 12-month high of $28.76. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 62.26, a price-to-earnings-growth ratio of 9.96 and a beta of 1.37. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a 50 day moving average of $14.79 and a 200-day moving average of $16.69.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The business had revenue of $532.00 million for the quarter, compared to the consensus estimate of $527.86 million. During the same quarter in the prior year, the firm posted $0.35 earnings per share. The company's quarterly revenue was down .2% compared to the same quarter last year. As a group, research analysts predict that Tripadvisor, Inc. will post 0.36 EPS for the current year.

Tripadvisor Profile

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.