Van Lanschot Kempen Investment Management N.V. Purchases 208,173 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Van Lanschot Kempen Investment Management N.V. raised its stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 8.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,587,902 shares of the travel company's stock after purchasing an additional 208,173 shares during the period. Van Lanschot Kempen Investment Management N.V. owned approximately 1.86% of Tripadvisor worth $38,223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings 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 in the last quarter. Virtu Financial LLC bought a new position in Tripadvisor during the 3rd quarter valued at $201,000. Confluence Investment Management LLC boosted its holdings in Tripadvisor by 43.6% during the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company's stock worth $3,454,000 after acquiring an additional 70,960 shares during the last quarter. GAMMA Investing LLC grew 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 worth $54,000 after acquiring an additional 2,469 shares in the last quarter. Finally, First Hawaiian Bank raised its holdings in shares of Tripadvisor by 186.3% in the fourth quarter. First Hawaiian Bank now owns 34,671 shares of the travel company's stock valued at $512,000 after purchasing an additional 22,563 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Tripadvisor Stock Performance

Shares of TRIP stock traded up $0.03 during trading on Friday, reaching $12.73. 1,715,689 shares of the company's stock traded hands, compared to its average volume of 2,467,367. Tripadvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $27.63. The company has a market capitalization of $1.79 billion, a P/E ratio of 636.82, a PEG ratio of 9.01 and a beta of 1.25. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The firm's 50-day moving average is $13.64 and its 200 day moving average is $14.73.

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. UBS Group reaffirmed a "neutral" rating on shares of Tripadvisor in a report on Tuesday, February 4th. StockNews.com raised Tripadvisor from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. B. Riley cut their price objective on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. Finally, Mizuho raised Tripadvisor to a "hold" rating in a research report on Friday, April 18th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.29.

About Tripadvisor

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.