Nuveen LLC Makes New Investment in TripAdvisor, Inc. $TRIP

Key Points

• Nuveen LLC acquired a new stake in TripAdvisor, Inc., purchasing 2,296,097 shares valued at approximately $32.5 million, which represents 1.64% of the company's stock.
• TripAdvisor reported an earnings per share (EPS) of $0.46 for the quarter, surpassing analysts' expectations of $0.43, while revenue increased by 6.4% year-over-year.
• Several hedge funds have recently adjusted their holdings in TripAdvisor, with institutional investors holding 98.99% of the company’s stock, indicating strong institutional interest.

Nuveen LLC purchased a new position in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,296,097 shares of the travel company's stock, valued at approximately $32,536,000. Nuveen LLC owned 1.64% of TripAdvisor at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tsfg LLC purchased a new stake in TripAdvisor in the 1st quarter valued at about $35,000. Sterling Capital Management LLC increased its position in shares of TripAdvisor by 55.5% in the fourth quarter. Sterling Capital Management LLC now owns 6,219 shares of the travel company's stock valued at $92,000 after buying an additional 2,219 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in TripAdvisor during the 1st quarter worth about $128,000. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of 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 in the last quarter. Finally, Ethic Inc. acquired a new position in shares of TripAdvisor in the 4th quarter valued at approximately $163,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analyst Ratings Changes

TRIP has been the subject of several research analyst reports. Bank of America initiated coverage on TripAdvisor in a report on Monday, July 14th. They issued a "neutral" rating and a $19.00 price objective for the company. B. Riley upped their target price on TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. 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. DA Davidson set a $16.25 price objective on TripAdvisor in a report on Tuesday, July 8th. Finally, Wall Street Zen lowered TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Nine equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $17.33.

TripAdvisor Stock Up 1.4%

Shares of TRIP stock traded up $0.24 on Tuesday, hitting $16.96. 1,906,671 shares of the stock were exchanged, compared to its average volume of 3,317,989. 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 $1.97 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 2.62 and a beta of 1.30. The business has a 50-day moving average of $16.17 and a 200 day moving average of $14.93. TripAdvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $19.26.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings data 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 return on equity of 12.40% and a net margin of 3.53%.The company had revenue of $529.00 million during the quarter, compared to analysts' expectations of $529.91 million. During the same period in the prior year, the firm earned $0.39 earnings per share. 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. Equities analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current year.

TripAdvisor Company 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.