Dimensional Fund Advisors LP Has $53.67 Million Stock Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Dimensional Fund Advisors LP increased its stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 20.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,633,866 shares of the travel company's stock after buying an additional 615,519 shares during the period. Dimensional Fund Advisors LP owned about 2.61% of Tripadvisor worth $53,674,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TRIP. Toronado Partners LLC acquired a new stake in shares of Tripadvisor in the 4th quarter valued at about $10,533,000. SG Americas Securities LLC raised its stake in Tripadvisor by 679.5% during the fourth quarter. SG Americas Securities LLC now owns 738,731 shares of the travel company's stock valued at $10,911,000 after buying an additional 643,963 shares in the last quarter. Lightrock Netherlands B.V. bought a new position in Tripadvisor during the 4th quarter worth approximately $7,607,000. ExodusPoint Capital Management LP acquired a new position in shares of Tripadvisor in the 4th quarter worth approximately $5,170,000. Finally, Alliancebernstein L.P. grew its position in shares of Tripadvisor by 18.5% in the 4th quarter. Alliancebernstein L.P. now owns 1,813,449 shares of the travel company's stock worth $26,785,000 after acquiring an additional 282,851 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Tripadvisor Stock Performance

Shares of NASDAQ:TRIP traded up $0.03 on Tuesday, hitting $12.76. The company's stock had a trading volume of 4,144,169 shares, compared to its average volume of 2,476,777. Tripadvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $26.08. The stock's 50-day moving average is $13.18 and its two-hundred day moving average is $14.63. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 638.32, a price-to-earnings-growth ratio of 9.01 and a beta of 1.27.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its 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). The firm had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. On average, equities research analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

TRIP has been the topic of several research analyst reports. Cantor Fitzgerald reduced their price objective on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a research note on Friday, February 21st. Mizuho raised shares of Tripadvisor to a "hold" rating in a report on Friday, April 18th. B. Riley lowered their price objective on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. JPMorgan Chase & Co. cut their target price 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. Finally, UBS Group lowered their target price on Tripadvisor from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Monday, April 28th. 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 company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $17.14.

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.