TripAdvisor, Inc. $TRIP Shares Acquired by Invesco Ltd.

Key Points

• Invesco Ltd. has increased its stake in TripAdvisor, Inc. by 4.8%, owning 472,094 shares worth approximately $6.69 million as of its latest filing.
• TripAdvisor reported an EPS of $0.46 for the last quarter, exceeding the consensus estimate of $0.43, and experienced a 6.4% year-over-year revenue growth.
• Despite mixed analyst ratings, TripAdvisor has an average price target of $17.33, with several analysts rating it as "neutral" or "underweight."

Invesco Ltd. grew its stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 472,094 shares of the travel company's stock after purchasing an additional 21,531 shares during the quarter. Invesco Ltd. owned approximately 0.34% of TripAdvisor worth $6,690,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in shares of TripAdvisor by 179.5% in the fourth quarter. Ameriprise Financial Inc. now owns 4,412,426 shares of the travel company's stock valued at $65,172,000 after acquiring an additional 2,833,528 shares in the last quarter. Dimensional Fund Advisors LP increased its position in TripAdvisor by 20.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock worth $53,674,000 after purchasing an additional 615,519 shares during the last quarter. AQR Capital Management LLC increased its position in TripAdvisor by 40.1% during the fourth quarter. AQR Capital Management LLC now owns 3,364,542 shares of the travel company's stock worth $49,694,000 after purchasing an additional 962,262 shares during the last quarter. Nuveen Asset Management LLC increased its position in shares of TripAdvisor by 58.8% in the fourth quarter. Nuveen Asset Management LLC now owns 1,607,302 shares of the travel company's stock worth $23,740,000 after acquiring an additional 595,053 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased 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 acquiring an additional 97,885 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Trading Up 2.2%

TRIP traded up $0.38 during trading on Friday, hitting $17.42. The company's stock had a trading volume of 1,831,106 shares, compared to its average volume of 2,962,977. TripAdvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $19.26. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37. The stock's fifty day moving average price is $16.78 and its 200-day moving average price is $14.92. The firm has a market capitalization of $2.02 billion, a P/E ratio of 36.29, a PEG ratio of 2.70 and a beta of 1.30.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $529.00 million for the quarter, compared to analysts' expectations of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on TRIP shares. B. Riley increased their price objective on shares of TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. Wall Street Zen cut shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 14th. 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 target price on the stock. DA Davidson set a $16.25 target price on shares of TripAdvisor in a report on Tuesday, July 8th. Finally, Citigroup raised their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Nine research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, TripAdvisor currently has a consensus rating of "Reduce" and a consensus 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.