Graham Capital Management L.P. Purchases Shares of 95,227 Tripadvisor, Inc. (NASDAQ:TRIP)

Graham Capital Management L.P. purchased a new stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 95,227 shares of the travel company's stock, valued at approximately $1,407,000. Graham Capital Management L.P. owned approximately 0.07% of Tripadvisor as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new position in Tripadvisor in the 4th quarter valued at approximately $295,000. ExodusPoint Capital Management LP bought a new stake in Tripadvisor during the fourth quarter valued at about $5,170,000. Ieq Capital LLC boosted its holdings in Tripadvisor by 391.1% in the 4th quarter. Ieq Capital LLC now owns 63,680 shares of the travel company's stock valued at $941,000 after purchasing an additional 50,713 shares during the period. Janney Montgomery Scott LLC bought a new stake in Tripadvisor in the 4th quarter valued at $308,000. Finally, U S Global Investors Inc. boosted its holdings in Tripadvisor by 2.0% in the 4th quarter. U S Global Investors Inc. now owns 1,543,056 shares of the travel company's stock valued at $22,791,000 after purchasing an additional 30,508 shares during the period. Hedge funds and other institutional investors own 98.99% of the company's stock.

Tripadvisor Trading Up 0.9%

NASDAQ TRIP traded up $0.14 during trading on Friday, reaching $15.30. 2,458,070 shares of the stock traded hands, compared to its average volume of 2,371,113. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 765.38, a price-to-earnings-growth ratio of 9.01 and a beta of 1.27. The stock's 50-day moving average price is $13.35 and its 200 day moving average price is $14.61. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $18.80.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The firm had revenue of $398.00 million during the quarter, compared to analysts' expectations of $386.94 million. During the same quarter in the previous year, the company earned $0.12 earnings per share. The business's revenue for the quarter was up .8% on a year-over-year basis. Analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Analyst Upgrades and Downgrades

TRIP has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Tripadvisor from $11.00 to $13.00 and gave the stock an "underweight" rating in a report on Friday, May 9th. UBS Group raised their price objective on shares of Tripadvisor from $15.00 to $16.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. B. Riley lowered their price target on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. Cantor Fitzgerald lowered their price target on shares of Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Finally, Mizuho upgraded shares of Tripadvisor to a "hold" rating in a research report on Friday, April 18th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $17.25.

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.