Tripadvisor, Inc. (NASDAQ:TRIP) Shares Bought by River Road Asset Management LLC

River Road Asset Management LLC lifted its stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,715,961 shares of the travel company's stock after buying an additional 45,898 shares during the period. River Road Asset Management LLC owned approximately 2.67% of Tripadvisor worth $54,885,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC purchased a new position in Tripadvisor during the 3rd quarter worth approximately $27,000. Capital Performance Advisors LLP acquired a new position in shares of Tripadvisor in the 3rd quarter valued at $28,000. Bogart Wealth LLC purchased a new stake in Tripadvisor in the 4th quarter valued at $30,000. Blue Trust Inc. boosted its stake in Tripadvisor by 204.4% during 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. Finally, GAMMA Investing LLC grew its position in Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock worth $54,000 after purchasing an additional 2,469 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Tripadvisor Trading Up 1.5 %

Shares of NASDAQ:TRIP traded up $0.21 during midday trading on Wednesday, reaching $13.78. The company's stock had a trading volume of 2,202,287 shares, compared to its average volume of 2,792,510. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 688.59, a price-to-earnings-growth ratio of 9.01 and a beta of 1.35. The business has a 50 day moving average price of $16.01 and a 200 day moving average price of $15.02. 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 2.10 and a debt-to-equity ratio of 0.93.

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Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings data 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 net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million. Research analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Analyst Ratings Changes

TRIP has been the topic of a number of research reports. StockNews.com raised Tripadvisor from a "hold" rating to a "buy" rating in a report on Monday, February 24th. JPMorgan Chase & Co. lifted their price objective on shares of Tripadvisor from $14.00 to $15.00 and gave the company an "underweight" rating in a research report on Friday, February 21st. B. Riley reduced their target price on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Monday. UBS Group reaffirmed a "neutral" rating on shares of Tripadvisor in a report on Tuesday, February 4th. Finally, DA Davidson restated a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, February 20th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $17.57.

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.