Sei Investments Co. Sells 38,579 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Sei Investments Co. trimmed its position in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 51.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,426 shares of the travel company's stock after selling 38,579 shares during the period. Sei Investments Co.'s holdings in Tripadvisor were worth $538,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC boosted its stake in Tripadvisor by 679.5% in the fourth quarter. SG Americas Securities LLC now owns 738,731 shares of the travel company's stock valued at $10,911,000 after acquiring an additional 643,963 shares during the period. Lightrock Netherlands B.V. acquired a new stake in Tripadvisor in the fourth quarter worth $7,607,000. Gilman Hill Asset Management LLC bought a new stake in Tripadvisor in the fourth quarter valued at $3,632,000. Raymond James Financial Inc. acquired a new position in shares of Tripadvisor during the fourth quarter valued at $3,009,000. Finally, Blueshift Asset Management LLC lifted its position in Tripadvisor by 595.2% in the 4th quarter. Blueshift Asset Management LLC now owns 143,435 shares of the travel company's stock valued at $2,119,000 after purchasing an additional 122,803 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Tripadvisor Stock Down 0.2 %

Shares of NASDAQ:TRIP traded down $0.03 during midday trading on Tuesday, hitting $11.69. 111,851 shares of the stock were exchanged, compared to its average volume of 2,451,255. The business's fifty day simple moving average is $14.59 and its two-hundred day simple moving average is $14.88. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. Tripadvisor, Inc. has a 52-week low of $10.43 and a 52-week high of $27.63. The company has a market capitalization of $1.64 billion, a PE ratio of 584.14, a P/E/G ratio of 9.01 and a beta of 1.25.

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Tripadvisor (NASDAQ:TRIP - Get Free Report) last released 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). The firm had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. As a group, research analysts predict that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TRIP has been the topic of a number of recent analyst reports. DA Davidson reaffirmed a "neutral" rating and set a $16.00 price target on shares of Tripadvisor in a report on Thursday, February 20th. B. Riley lowered their price target on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. Wedbush reaffirmed a "neutral" rating and issued a $17.00 price target on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, UBS Group reiterated a "neutral" rating on shares of Tripadvisor in a research note on Tuesday, February 4th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $17.29.

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.