U S Global Investors Inc. Boosts Stock Position in TripAdvisor, Inc. $TRIP

Key Points

• U S Global Investors boosted its stake in TripAdvisor by 18.9% in Q4 to 1,037,854 shares (≈$15.1M), making TRIP its 19th largest holding and representing about 0.89% of TripAdvisor and 1.6% of USGI’s portfolio.
• Analyst sentiment has weakened: MarketBeat shows an average rating of Reduce with a $14.68 average target, and several firms recently cut price objectives to the $10–$15 range while ratings split across 4 Buys, 7 Holds and 5 Sells.
• TripAdvisor recently missed earnings (Q: $0.04 EPS vs $0.15 expected; revenue $411M vs $412.5M) and the stock trades around $10.86 (market cap ~$1.25B), down 1.9% and within a 52-week range of $9.01–$20.16.

U S Global Investors Inc. grew its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 18.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,037,854 shares of the travel company's stock after acquiring an additional 164,985 shares during the period. TripAdvisor accounts for approximately 1.6% of U S Global Investors Inc.'s portfolio, making the stock its 19th largest holding. U S Global Investors Inc. owned 0.89% of TripAdvisor worth $15,111,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TRIP. Alyeska Investment Group L.P. purchased a new stake in shares of TripAdvisor during the third quarter worth $26,848,000. Ameriprise Financial Inc. raised its position in shares of TripAdvisor by 24.2% in the third quarter. Ameriprise Financial Inc. now owns 7,416,019 shares of the travel company's stock worth $120,585,000 after buying an additional 1,445,607 shares in the last quarter. SG Americas Securities LLC raised its position in shares of TripAdvisor by 1,712.3% in the fourth quarter. SG Americas Securities LLC now owns 1,107,995 shares of the travel company's stock worth $16,132,000 after buying an additional 1,046,858 shares in the last quarter. Holocene Advisors LP raised its position in shares of TripAdvisor by 78.5% in the third quarter. Holocene Advisors LP now owns 2,210,903 shares of the travel company's stock worth $35,949,000 after buying an additional 972,369 shares in the last quarter. Finally, Headwater Capital Co Ltd purchased a new stake in shares of TripAdvisor in the third quarter worth $14,959,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analyst Upgrades and Downgrades

TRIP has been the topic of a number of recent analyst reports. BTIG Research lowered their price objective on TripAdvisor from $20.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, February 13th. Barclays lowered their price objective on TripAdvisor from $13.00 to $10.00 and set an "underweight" rating on the stock in a research report on Friday, February 13th. Cantor Fitzgerald set a $10.00 price objective on TripAdvisor and gave the stock an "underweight" rating in a research report on Friday, February 13th. Weiss Ratings reiterated a "sell (d+)" rating on shares of TripAdvisor in a research report on Monday, December 29th. Finally, B. Riley Financial lowered their price objective on TripAdvisor from $18.00 to $13.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 18th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $14.68.

TripAdvisor Stock Down 1.9%

TRIP opened at $10.86 on Friday. The stock has a market cap of $1.25 billion, a PE ratio of 36.20, a P/E/G ratio of 1.64 and a beta of 0.88. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.33. TripAdvisor, Inc. has a 52 week low of $9.01 and a 52 week high of $20.16. The business's fifty day simple moving average is $10.36 and its 200 day simple moving average is $13.14.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its earnings results on Thursday, February 12th. The travel company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.11). The firm had revenue of $411.00 million during the quarter, compared to the consensus estimate of $412.53 million. TripAdvisor had a net margin of 2.12% and a return on equity of 10.67%. The firm's revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 EPS. As a group, research analysts expect that TripAdvisor, Inc. will post 0.84 earnings per share for the current fiscal year.

TripAdvisor Company Profile

TripAdvisor NASDAQ: TRIP is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company's flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor's offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.

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