Deutsche Bank AG Sells 433,618 Shares of TripAdvisor, Inc. $TRIP

Key Points

• Deutsche Bank AG significantly reduced its holdings in TripAdvisor, selling 433,618 shares and lowering its stake by 97.5% to just 11,191 shares worth $159,000 by the end of the first quarter.
• Other institutional investors, such as Ameriprise Financial, increased their stakes in TripAdvisor, with Ameriprise buying an additional 2,833,528 shares, raising its holdings by 179.5% in the last quarter.
• TripAdvisor's latest quarterly earnings surpassed expectations, reporting $0.46 EPS, while revenue grew 6.4% year-over-year to $529 million, though it fell slightly short of analysts' expectations.

Deutsche Bank AG cut its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 97.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,191 shares of the travel company's stock after selling 433,618 shares during the quarter. Deutsche Bank AG's holdings in TripAdvisor were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its position in shares of TripAdvisor by 8.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,302,247 shares of the travel company's stock worth $18,453,000 after buying an additional 97,885 shares during the period. PNC Financial Services Group Inc. raised its holdings in TripAdvisor by 11.1% during the first quarter. PNC Financial Services Group Inc. now owns 17,386 shares of the travel company's stock valued at $246,000 after buying an additional 1,737 shares in the last quarter. Federated Hermes Inc. raised its holdings in TripAdvisor by 9,651.8% during the first quarter. Federated Hermes Inc. now owns 449,558 shares of the travel company's stock valued at $6,370,000 after buying an additional 444,948 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of TripAdvisor by 23.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,738 shares of the travel company's stock worth $506,000 after purchasing an additional 6,884 shares during the period. Finally, Legato Capital Management LLC bought a new position in shares of TripAdvisor in the first quarter worth about $2,450,000. Institutional investors and hedge funds own 98.99% of the company's stock.

TripAdvisor Price Performance

Shares of TRIP traded up $0.54 on Thursday, hitting $17.72. The company's stock had a trading volume of 937,728 shares, compared to its average volume of 3,152,310. The company has a market capitalization of $2.06 billion, a PE ratio of 36.83, a PEG ratio of 2.76 and a beta of 1.27. 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 company has a 50 day moving average price of $17.03 and a 200 day moving average price of $14.91.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TRIP shares. Wall Street Zen lowered TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 14th. UBS Group restated a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. Bank of America started coverage on TripAdvisor in a research note on Monday, July 14th. They set a "neutral" rating and a $19.00 price target on the stock. DA Davidson set a $16.25 price target on TripAdvisor in a research note on Tuesday, July 8th. Finally, Citigroup boosted their price target on TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Eight equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, TripAdvisor has a consensus rating of "Reduce" and an average target price of $17.36.

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.