U S Global Investors Inc. Grows Stock Position in Tripadvisor, Inc. (NASDAQ:TRIP)

U S Global Investors Inc. increased its position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,543,056 shares of the travel company's stock after buying an additional 30,508 shares during the quarter. Tripadvisor comprises approximately 2.3% of U S Global Investors Inc.'s portfolio, making the stock its 12th largest position. U S Global Investors Inc. owned about 1.11% of Tripadvisor worth $22,791,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Pacer Advisors Inc. raised its position in Tripadvisor by 167.6% in the third quarter. Pacer Advisors Inc. now owns 5,067,733 shares of the travel company's stock valued at $73,431,000 after purchasing an additional 3,173,817 shares during the period. River Road Asset Management LLC increased its position in shares of Tripadvisor by 33.3% during the 3rd quarter. River Road Asset Management LLC now owns 3,670,063 shares of the travel company's stock worth $53,179,000 after purchasing an additional 917,689 shares during the last quarter. State Street Corp raised its holdings in Tripadvisor by 1.0% in the 3rd quarter. State Street Corp now owns 3,457,661 shares of the travel company's stock valued at $50,102,000 after buying an additional 33,809 shares during the period. Jacobs Levy Equity Management Inc. lifted its position in Tripadvisor by 15.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 2,566,342 shares of the travel company's stock valued at $37,186,000 after buying an additional 334,961 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Tripadvisor by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,822,913 shares of the travel company's stock worth $26,421,000 after buying an additional 18,059 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TRIP. TD Cowen boosted their price target on shares of Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday, November 7th. B. Riley boosted their target price on Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. raised their price target on Tripadvisor from $14.00 to $15.00 and gave the stock an "underweight" rating in a research report on Friday, February 21st. StockNews.com upgraded Tripadvisor from a "hold" rating to a "buy" rating in a report on Monday, February 24th. Finally, UBS Group reissued a "neutral" rating on shares of Tripadvisor in a research note on Tuesday, February 4th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Tripadvisor has an average rating of "Hold" and a consensus price target of $17.71.

Tripadvisor Stock Performance

TRIP traded down $0.60 during trading on Tuesday, hitting $13.79. 3,118,729 shares of the stock were exchanged, compared to its average volume of 2,642,856. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a 1-year low of $12.93 and a 1-year high of $28.76. The stock has a fifty day moving average price of $16.11 and a two-hundred day moving average price of $15.04. The firm has a market capitalization of $1.94 billion, a P/E ratio of 689.84, a PEG ratio of 9.01 and a beta of 1.34.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The business had revenue of $411.00 million during the quarter, compared to analysts' expectations of $400.02 million. As a group, sell-side analysts predict that Tripadvisor, Inc. will post 0.46 earnings per share for the current 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.