AQR Capital Management LLC Has $28.38 Million Position in TripAdvisor, Inc. $TRIP

AQR Capital Management LLC trimmed its stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 38.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,080,963 shares of the travel company's stock after selling 1,283,579 shares during the quarter. AQR Capital Management LLC owned 1.48% of TripAdvisor worth $28,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its position in TripAdvisor by 9.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 68,878 shares of the travel company's stock worth $1,018,000 after buying an additional 5,761 shares in the last quarter. Northern Trust Corp increased its stake in shares of TripAdvisor by 6.3% in the fourth quarter. Northern Trust Corp now owns 656,986 shares of the travel company's stock worth $9,704,000 after acquiring an additional 38,858 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of TripAdvisor in the fourth quarter worth $1,859,000. Deutsche Bank AG raised its holdings in shares of TripAdvisor by 0.5% during the fourth quarter. Deutsche Bank AG now owns 444,809 shares of the travel company's stock worth $6,570,000 after acquiring an additional 2,194 shares in the last quarter. Finally, Ethic Inc. acquired a new stake in TripAdvisor during the fourth quarter valued at $163,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Citigroup upped their target price on TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a research report on Monday, August 18th. Wall Street Zen downgraded shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. B. Riley increased their target price on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. DA Davidson set a $16.25 price objective on TripAdvisor in a research note on Tuesday, July 8th. Finally, UBS Group reissued a "neutral" rating on shares of TripAdvisor in a research report on Sunday, August 10th. Eight research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $17.36.

TripAdvisor Price Performance

TripAdvisor stock remained flat at $17.76 during mid-day trading on Wednesday. 1,665,855 shares of the company's stock were exchanged, compared to its average volume of 3,132,056. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 37.00, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27. The stock's 50 day simple moving average is $17.38 and its 200 day simple moving average is $14.91. TripAdvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $19.26.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, beating 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 business had revenue of $529.00 million during the quarter, compared to analysts' expectations of $529.91 million. During the same quarter last year, the company earned $0.39 earnings per share. The firm's revenue was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts predict that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

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.