Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 74,323 TripAdvisor, Inc. (NASDAQ:TRIP)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 74,323 shares of TripAdvisor, Inc., valued at approximately $1,053,000, representing about 0.05% of the company's stock.
• Shares of TripAdvisor are currently trading at $16.21, showing a twelve-month high of $18.66 and a low of $10.43, indicating a 7.3% decline on the latest trading day.
• In the latest quarterly earnings, TripAdvisor reported $0.14 earnings per share, exceeding analysts' expectations of $0.05, with revenues of $398 million compared to expected $386.94 million.

Universal Beteiligungs und Servicegesellschaft mbH acquired 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 Securities & Exchange Commission. The fund acquired 74,323 shares of the travel company's stock, valued at approximately $1,053,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of TripAdvisor at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in TripAdvisor by 8.7% in the fourth quarter. LPL Financial LLC now owns 12,511 shares of the travel company's stock worth $185,000 after buying an additional 997 shares in the last quarter. First Hawaiian Bank boosted its position in TripAdvisor by 2.9% during the 1st quarter. First Hawaiian Bank now owns 35,684 shares of the travel company's stock valued at $506,000 after acquiring an additional 1,013 shares in the last quarter. Aster Capital Management DIFC Ltd boosted its position in TripAdvisor by 83.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company's stock valued at $50,000 after acquiring an additional 1,557 shares in the last quarter. Arizona State Retirement System boosted its position in TripAdvisor by 5.2% during the 1st quarter. Arizona State Retirement System now owns 32,655 shares of the travel company's stock valued at $463,000 after acquiring an additional 1,623 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in TripAdvisor by 0.5% during the 4th quarter. Deutsche Bank AG now owns 444,809 shares of the travel company's stock valued at $6,570,000 after acquiring an additional 2,194 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

TripAdvisor Stock Performance

TripAdvisor stock traded up $0.19 during mid-day trading on Monday, reaching $16.40. 2,400,058 shares of the stock traded hands, compared to its average volume of 3,640,469. TripAdvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $18.66. The stock has a market capitalization of $2.33 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 2.45 and a beta of 1.30. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.90 and a quick ratio of 1.90. The business's 50-day moving average is $15.45 and its 200-day moving average is $14.90.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Wednesday, May 7th. The travel company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.09. TripAdvisor had a return on equity of 10.68% and a net margin of 2.94%. The company had revenue of $398.00 million for the quarter, compared to analysts' expectations of $386.94 million. During the same period last year, the firm earned $0.12 EPS. TripAdvisor's revenue for the quarter was up .8% compared to the same quarter last year. As a group, sell-side analysts predict that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TRIP has been the topic of a number of research reports. Citigroup initiated coverage on shares of TripAdvisor in a report on Wednesday, May 28th. They set a "neutral" rating and a $16.00 target price on the stock. DA Davidson set a $16.25 price objective on shares of TripAdvisor in a research note on Tuesday, July 8th. JPMorgan Chase & Co. boosted their price objective on shares of TripAdvisor from $11.00 to $13.00 and gave the stock an "underweight" rating in a research note on Friday, May 9th. Wall Street Zen cut TripAdvisor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 14th. Finally, Mizuho raised TripAdvisor to a "hold" rating in a research report on Friday, April 18th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.56.

Insider Buying and Selling

In related news, CEO Almir Ambeskovic sold 16,643 shares of the firm's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $15.33, for a total value of $255,137.19. Following the completion of the sale, the chief executive officer directly owned 15,931 shares in the company, valued at $244,222.23. This trade represents a 51.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is owned by company insiders.

TripAdvisor 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.