Vontobel Holding Ltd. lowered its position in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 37.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,890 shares of the travel company's stock after selling 60,435 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.07% of Tripadvisor worth $1,475,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of Tripadvisor during the 4th quarter valued at $295,000. Janney Montgomery Scott LLC acquired a new stake in shares of Tripadvisor in the fourth quarter worth about $308,000. U S Global Investors Inc. lifted 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 worth $21,917,000 after buying an additional 632,353 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Tripadvisor by 4.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,199,339 shares of the travel company's stock worth $17,378,000 after acquiring an additional 55,115 shares in the last quarter. Finally, Boussard & Gavaudan Investment Management LLP acquired a new position in shares of Tripadvisor during the 3rd quarter valued at about $5,159,000. 98.99% of the stock is owned by institutional investors and hedge funds.
Tripadvisor Stock Performance
Tripadvisor stock traded down $1.39 on Friday, hitting $15.11. The company's stock had a trading volume of 5,350,145 shares, compared to its average volume of 2,657,913. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a fifty day moving average price of $15.98 and a 200-day moving average price of $15.00. Tripadvisor, Inc. has a one year low of $12.93 and a one year high of $28.76. The firm has a market cap of $2.11 billion, a P/E ratio of 65.70, a price-to-earnings-growth ratio of 9.66 and a beta of 1.34.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced 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 10.37% and a net margin of 1.98%. The business had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million. On average, equities analysts anticipate that Tripadvisor, Inc. will post 0.36 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on TRIP shares. DA Davidson reaffirmed a "neutral" rating and set a $16.00 target price on shares of Tripadvisor in a research report on Thursday. Cantor Fitzgerald lowered their target price on shares of Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a research note on Friday. Wedbush reiterated a "neutral" rating and issued a $17.00 target price on shares of Tripadvisor in a report on Thursday, December 19th. JPMorgan Chase & Co. upped their price target on shares of Tripadvisor from $14.00 to $15.00 and gave the company an "underweight" rating in a report on Friday. Finally, UBS Group dropped their price objective on Tripadvisor from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $17.71.
View Our Latest Report on Tripadvisor
About Tripadvisor
(
Free Report)
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.
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