Landscape Capital Management L.L.C. lifted its position in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 211,922 shares of the travel company's stock after purchasing an additional 19,519 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.15% of Tripadvisor worth $3,130,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bogart Wealth LLC acquired a new stake in shares of Tripadvisor during the 4th quarter worth about $30,000. Blue Trust Inc. raised its stake in shares of Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock valued at $33,000 after acquiring an additional 1,543 shares during the period. GAMMA Investing LLC raised its stake in shares of Tripadvisor by 204.7% in the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock valued at $54,000 after acquiring an additional 2,469 shares during the period. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Tripadvisor in the 4th quarter worth approximately $58,000. Finally, SRS Capital Advisors Inc. purchased a new position in shares of Tripadvisor during the 4th quarter worth approximately $71,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have commented on TRIP. Cantor Fitzgerald decreased their price target on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a research note on Friday, February 21st. Wedbush restated a "neutral" rating and set a $17.00 target price on shares of Tripadvisor in a report on Thursday, December 19th. B. Riley reduced their price target on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. JPMorgan Chase & Co. cut their target price on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a research note on Tuesday. Finally, StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $17.29.
View Our Latest Research Report on TRIP
Tripadvisor Stock Up 0.7 %
Shares of NASDAQ TRIP traded up $0.08 during midday trading on Wednesday, hitting $10.75. 1,571,134 shares of the company's stock were exchanged, compared to its average volume of 2,427,575. The firm's fifty day simple moving average is $15.14 and its 200-day simple moving average is $14.97. 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 company has a market cap of $1.51 billion, a PE ratio of 538.82, a P/E/G ratio of 9.01 and a beta of 1.25. Tripadvisor, Inc. has a twelve month low of $10.24 and a twelve month high of $27.63.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The travel company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $411.00 million for the quarter, compared to analysts' expectations of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. Research analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current fiscal year.
Tripadvisor Profile
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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.
Further Reading
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