Diversified Trust Co Invests $644,000 in TripAdvisor, Inc. $TRIP

Key Points

• Diversified Trust Co has invested approximately $644,000 in 49,312 shares of TripAdvisor, Inc. ($TRIP) during Q2, highlighting increased institutional interest in the travel company's stock.
• Analysts largely hold a neutral rating on TripAdvisor, with target prices around $16.25 to $19.00, reflecting a cautious outlook despite the company's recent positive earnings report.
• TripAdvisor reported an EPS of $0.46 for the last quarter, exceeding analyst estimates, and is projected to maintain an EPS of $0.46 for the current year.

Diversified Trust Co purchased a new position in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 49,312 shares of the travel company's stock, valued at approximately $644,000.

A number of other hedge funds have also recently made changes to their positions in the stock. First Hawaiian Bank grew its holdings in shares of TripAdvisor by 2.9% in the first quarter. First Hawaiian Bank now owns 35,684 shares of the travel company's stock worth $506,000 after purchasing an additional 1,013 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in TripAdvisor by 86.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock worth $43,000 after acquiring an additional 1,420 shares in the last quarter. Arizona State Retirement System grew its holdings in TripAdvisor by 5.2% during the 1st quarter. Arizona State Retirement System now owns 32,655 shares of the travel company's stock worth $463,000 after acquiring an additional 1,623 shares in the last quarter. Empowered Funds LLC grew its holdings in TripAdvisor by 14.2% during the 1st quarter. Empowered Funds LLC now owns 13,475 shares of the travel company's stock worth $191,000 after acquiring an additional 1,676 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in TripAdvisor by 11.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,386 shares of the travel company's stock worth $246,000 after acquiring an additional 1,737 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Bank of America assumed coverage on shares of TripAdvisor in a report on Monday, July 14th. They set a "neutral" rating and a $19.00 target price on the stock. DA Davidson set a $16.25 target price on shares of TripAdvisor in a report on Tuesday, July 8th. Wall Street Zen upgraded shares of TripAdvisor from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 13th. UBS Group reiterated a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. Finally, Citigroup increased their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. Eight analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $17.36.

Insider Activity at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $20.04, for a total transaction of $218,035.20. Following the sale, the insider owned 136,914 shares of the company's stock, valued at $2,743,756.56. This trade represents a 7.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.10% of the stock is owned by insiders.

TripAdvisor Stock Performance

TRIP opened at $18.70 on Tuesday. TripAdvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $20.16. 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 firm has a market capitalization of $2.17 billion, a PE ratio of 38.96, a P/E/G ratio of 2.98 and a beta of 1.27. The firm has a 50 day moving average of $17.57 and a two-hundred day moving average of $15.17.

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

TripAdvisor Profile

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.

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