Landscape Capital Management L.L.C. Invests $2.79 Million in Tripadvisor, Inc. (NASDAQ:TRIP)

Landscape Capital Management L.L.C. bought a new stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 192,403 shares of the travel company's stock, valued at approximately $2,788,000. Landscape Capital Management L.L.C. owned approximately 0.14% of Tripadvisor as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in Tripadvisor in the third quarter valued at about $28,000. Fifth Third Bancorp lifted its holdings in Tripadvisor by 104.1% in the second quarter. Fifth Third Bancorp now owns 1,659 shares of the travel company's stock worth $30,000 after acquiring an additional 846 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in Tripadvisor in the third quarter valued at approximately $43,000. Quest Partners LLC raised its position in shares of Tripadvisor by 14,244.4% during the 2nd quarter. Quest Partners LLC now owns 2,582 shares of the travel company's stock worth $46,000 after purchasing an additional 2,564 shares during the period. Finally, KBC Group NV boosted its position in Tripadvisor by 65.3% during the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company's stock valued at $65,000 after purchasing an additional 1,777 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.

Tripadvisor Trading Up 3.1 %

Shares of TRIP stock traded up $0.42 during trading hours on Friday, reaching $13.87. 1,387,823 shares of the stock traded hands, compared to its average volume of 2,329,633. The business has a fifty day moving average price of $14.83 and a 200 day moving average price of $16.13. Tripadvisor, Inc. has a 1-year low of $12.93 and a 1-year high of $28.76. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $1.93 billion, a PE ratio of 60.31, a PEG ratio of 9.38 and a beta of 1.37.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Citigroup dropped their price target on shares of Tripadvisor from $20.00 to $16.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 24th. Wedbush reissued a "neutral" rating and set a $17.00 price target (up from $16.00) on shares of Tripadvisor in a report on Thursday, November 7th. BMO Capital Markets cut their price objective on shares of Tripadvisor from $20.00 to $17.00 and set a "market perform" rating on the stock in a research note on Wednesday, August 7th. JPMorgan Chase & Co. decreased their target price on shares of Tripadvisor from $17.00 to $14.00 and set an "underweight" rating for the company in a research report on Wednesday, August 7th. Finally, Cantor Fitzgerald lowered their target price on shares of Tripadvisor from $12.00 to $11.00 and set an "underweight" rating on the stock in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $18.33.

Tripadvisor Company 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.