Ameriprise Financial Inc. Boosts Holdings in TripAdvisor, Inc. $TRIP

Key Points

• Ameriprise Financial Inc. increased its stake in TripAdvisor by 27.7% in the first quarter, holding approximately 4.01% of the company's shares valued at around $79.85 million.
• TripAdvisor's stock has been subject to several analyst ratings, with a current consensus rating of "Reduce" and an average target price of $17.33.
• The company's latest quarterly earnings showed a 6.4% year-over-year revenue increase, reporting earnings per share of $0.46, exceeding analyst estimates.

Ameriprise Financial Inc. increased its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 27.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,635,384 shares of the travel company's stock after acquiring an additional 1,222,958 shares during the quarter. Ameriprise Financial Inc. owned about 4.01% of TripAdvisor worth $79,852,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC acquired a new position in TripAdvisor in the 1st quarter valued at about $35,000. Atlas Capital Advisors Inc. acquired a new position in TripAdvisor in the 1st quarter valued at about $128,000. Point72 Asia Singapore Pte. Ltd. boosted its holdings in TripAdvisor by 150,850.0% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company's stock valued at $134,000 after purchasing an additional 9,051 shares during the last quarter. Versor Investments LP acquired a new position in TripAdvisor in the 1st quarter valued at about $152,000. Finally, Ethic Inc. acquired a new position in TripAdvisor in the 4th quarter valued at about $163,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Trading Up 2.2%

Shares of TRIP stock traded up $0.38 during trading hours on Friday, hitting $17.42. The company had a trading volume of 1,831,106 shares, compared to its average volume of 2,877,312. The company's fifty day moving average is $16.78 and its 200 day moving average is $14.88. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. TripAdvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $19.26. The stock has a market capitalization of $2.02 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 2.76 and a beta of 1.27.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The firm had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. During the same period in the prior year, the firm earned $0.39 EPS. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TRIP shares. Wall Street Zen lowered shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. JPMorgan Chase & Co. boosted their target price on shares of TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. DA Davidson set a $16.25 target price on shares of TripAdvisor in a report on Tuesday, July 8th. Citigroup upped their price objective on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Finally, Bank of America started coverage on shares of TripAdvisor in a report on Monday, July 14th. They issued a "neutral" rating and a $19.00 price objective on the stock. Nine research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, TripAdvisor has an average rating of "Reduce" and an average price target of $17.33.

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.