Northern Trust Corp Boosts Stock Holdings in TripAdvisor, Inc. $TRIP

Key Points

• Northern Trust Corp increased its stake in TripAdvisor by 2.9% during Q1, owning 675,918 shares valued at approximately $9.58 million.
• TripAdvisor reported $0.46 EPS for the quarter, surpassing projections, with revenue increasing by 6.4% year-over-year.
• Analysts have varying opinions on TripAdvisor stock, with a consensus price target of $17.36, where UBS advises a "neutral" rating.

Northern Trust Corp grew its holdings in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 2.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 675,918 shares of the travel company's stock after purchasing an additional 18,932 shares during the quarter. Northern Trust Corp owned approximately 0.48% of TripAdvisor worth $9,578,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Versor Investments LP acquired a new stake in shares of TripAdvisor in the first quarter valued at approximately $152,000. Algert Global LLC acquired a new stake in shares of TripAdvisor in the first quarter valued at approximately $869,000. Raymond James Financial Inc. grew its position in shares of TripAdvisor by 16.9% in the first quarter. Raymond James Financial Inc. now owns 238,094 shares of the travel company's stock valued at $3,374,000 after purchasing an additional 34,347 shares during the last quarter. Public Sector Pension Investment Board grew its position in shares of TripAdvisor by 27.4% in the first quarter. Public Sector Pension Investment Board now owns 349,163 shares of the travel company's stock valued at $4,948,000 after purchasing an additional 75,031 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of TripAdvisor in the first quarter valued at approximately $32,536,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Trading Up 0.2%

NASDAQ:TRIP traded up $0.04 during trading hours on Wednesday, reaching $17.80. 758,606 shares of the company were exchanged, compared to its average volume of 3,126,580. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 37.07, a PEG ratio of 2.70 and a beta of 1.27. TripAdvisor, Inc. has a 52-week low of $10.43 and a 52-week high of $19.26. The stock has a 50 day simple moving average of $17.38 and a 200 day simple moving average of $14.91.

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 for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. TripAdvisor's revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 earnings per share. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts predict that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

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

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.