Altai Capital Management L.P. acquired a new stake in Yatra Online, Inc. (NASDAQ:YTRA - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,252,708 shares of the technology company's stock, valued at approximately $3,065,000. Yatra Online makes up 6.2% of Altai Capital Management L.P.'s investment portfolio, making the stock its 4th largest holding. Altai Capital Management L.P. owned approximately 5.08% of Yatra Online at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Simcoe Capital LLC purchased a new position in shares of Yatra Online in the 4th quarter valued at $4,604,000. Osaic Holdings Inc. lifted its position in Yatra Online by 22,610.3% in the fourth quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company's stock valued at $315,000 after acquiring an additional 176,360 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Yatra Online by 103.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company's stock valued at $93,000 after acquiring an additional 26,510 shares in the last quarter. XTX Topco Ltd acquired a new position in Yatra Online in the fourth quarter valued at $79,000. Finally, Jane Street Group LLC purchased a new position in shares of Yatra Online during the fourth quarter worth about $60,000. 50.97% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Yatra Online in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Reduce".
Read Our Latest Research Report on YTRA
Yatra Online Stock Down 0.5%
Shares of NASDAQ YTRA opened at $0.97 on Tuesday. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.02. Yatra Online, Inc. has a 52 week low of $0.72 and a 52 week high of $2.00. The firm has a 50-day moving average price of $0.90 and a 200 day moving average price of $1.02. The stock has a market capitalization of $61.76 million, a price-to-earnings ratio of -24.13 and a beta of 0.73.
Yatra Online (NASDAQ:YTRA - Get Free Report) last issued its earnings results on Wednesday, August 12th. The technology company reported $0.01 earnings per share for the quarter. Yatra Online had a negative net margin of 1.88% and a negative return on equity of 2.32%. The company had revenue of $19.80 million for the quarter.
Yatra Online Profile
(
Free Report)
Yatra Online, Inc operates as an online travel company in India and internationally. It operates in Air Ticketing, and Hotels and Packages, and Other Services segments. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, cab bookings, and ancillary services for leisure and business travelers. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.
Featured Stories
Want to see what other hedge funds are holding YTRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yatra Online, Inc. (NASDAQ:YTRA - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Yatra Online, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yatra Online wasn't on the list.
While Yatra Online currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
