Tripadvisor, Inc. (NASDAQ:TRIP) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 679.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 738,731 shares of the travel company's stock after buying an additional 643,963 shares during the quarter. SG Americas Securities LLC owned approximately 0.53% of Tripadvisor worth $10,911,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Tripadvisor in the fourth quarter worth approximately $295,000. U S Global Investors Inc. grew its position in shares of Tripadvisor by 71.8% in the third quarter. U S Global Investors Inc. now owns 1,512,548 shares of the travel company's stock valued at $21,917,000 after purchasing an additional 632,353 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Tripadvisor by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,199,339 shares of the travel company's stock valued at $17,378,000 after buying an additional 55,115 shares in the last quarter. Boussard & Gavaudan Investment Management LLP acquired a new stake in shares of Tripadvisor in the 3rd quarter worth $5,159,000. Finally, Confluence Investment Management LLC boosted its position in shares of Tripadvisor by 43.6% during the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company's stock valued at $3,454,000 after acquiring an additional 70,960 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TRIP. DA Davidson reaffirmed a "neutral" rating and set a $16.00 price target on shares of Tripadvisor in a research report on Thursday, December 19th. Cantor Fitzgerald decreased their price target on Tripadvisor from $12.00 to $11.00 and set an "underweight" rating on the stock in a research note on Thursday, November 7th. Wedbush reissued a "neutral" rating and set a $17.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th. TD Cowen increased their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a "hold" rating in a research note on Thursday, November 7th. Finally, UBS Group reduced their price target on shares of Tripadvisor from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $17.50.

Tripadvisor Stock Down 1.0 %

TRIP stock traded down $0.18 during mid-day trading on Friday, reaching $17.76. The company had a trading volume of 2,214,778 shares, compared to its average volume of 2,707,153. Tripadvisor, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $28.76. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 77.29, a price-to-earnings-growth ratio of 8.59 and a beta of 1.33. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a fifty day simple moving average of $14.48 and a 200 day simple moving average of $15.01.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share 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 firm had revenue of $532.00 million for the quarter, compared to analysts' expectations of $527.86 million. During the same quarter last year, the company earned $0.35 earnings per share. The firm's revenue was down .2% compared to the same quarter last year. Analysts forecast that Tripadvisor, Inc. will post 0.36 earnings per share for the current fiscal year.

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.