Charles Schwab Investment Management Inc. Raises Holdings in TripAdvisor, Inc. $TRIP

Key Points

• Charles Schwab Investment Management Inc. increased its stake in TripAdvisor, Inc. by 8.1%, owning approximately 0.93% of the company worth around $18.45 million after purchasing additional shares in the first quarter.
• TripAdvisor recently reported earnings of $0.46 per share, beating estimates, while its quarterly revenue was $529 million, up 6.4% year-over-year.
• Analysts have varied opinions on TripAdvisor, with B. Riley raising the target price from $17.00 to $21.00, while the stock holds a consensus rating of "Reduce" with a target price of $17.33.

Charles Schwab Investment Management Inc. boosted its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 8.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,302,247 shares of the travel company's stock after buying an additional 97,885 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.93% of TripAdvisor worth $18,453,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ameriprise Financial Inc. grew its position in TripAdvisor by 179.5% during the fourth quarter. Ameriprise Financial Inc. now owns 4,412,426 shares of the travel company's stock valued at $65,172,000 after buying an additional 2,833,528 shares during the period. Dimensional Fund Advisors LP increased its holdings in TripAdvisor by 20.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock worth $53,674,000 after acquiring an additional 615,519 shares in the last quarter. AQR Capital Management LLC raised 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 acquiring an additional 962,262 shares during the period. Nuveen Asset Management LLC lifted its holdings in TripAdvisor by 58.8% during the fourth quarter. Nuveen Asset Management LLC now owns 1,607,302 shares of the travel company's stock valued at $23,740,000 after purchasing an additional 595,053 shares in the last quarter. Finally, Gotham Asset Management LLC lifted its holdings in TripAdvisor by 170.6% during the fourth quarter. Gotham Asset Management LLC now owns 1,073,773 shares of the travel company's stock valued at $15,860,000 after purchasing an additional 676,977 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

TripAdvisor Trading Down 3.7%

Shares of NASDAQ:TRIP traded down $0.66 during mid-day trading on Monday, reaching $17.03. 1,632,727 shares of the company were exchanged, compared to its average volume of 3,204,464. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $19.26. 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's 50-day simple moving average is $16.38 and its 200 day simple moving average is $14.91. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 25.64, a P/E/G ratio of 2.80 and a beta of 1.30.

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, beating analysts' consensus estimates of $0.43 by $0.03. The company had revenue of $529.00 million for the quarter, compared to analyst estimates of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.TripAdvisor's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. B. Riley upped their price target on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. Wall Street Zen lowered TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 14th. Bank of America began coverage on TripAdvisor in a research report on Monday, July 14th. They issued a "neutral" rating and a $19.00 target price on the stock. Citigroup boosted their price target on TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a research report on Monday, August 18th. Finally, UBS Group reaffirmed a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. Nine investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, TripAdvisor has a consensus rating of "Reduce" and an average target price of $17.33.

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.