Moody Aldrich Partners LLC bought a new position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 163,493 shares of the travel company's stock, valued at approximately $3,520,000. Moody Aldrich Partners LLC owned approximately 0.12% of Tripadvisor at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP grew its holdings in shares of Tripadvisor by 1,227.3% in the 1st quarter. Dark Forest Capital Management LP now owns 1,699 shares of the travel company's stock valued at $34,000 after acquiring an additional 1,571 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of Tripadvisor in the 3rd quarter valued at about $34,000. International Assets Investment Management LLC grew its holdings in shares of Tripadvisor by 2,053.0% in the 4th quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company's stock valued at $46,000 after acquiring an additional 2,053 shares in the last quarter. CWM LLC grew its holdings in shares of Tripadvisor by 1,384.6% in the 3rd quarter. CWM LLC now owns 5,018 shares of the travel company's stock valued at $83,000 after acquiring an additional 4,680 shares in the last quarter. Finally, State of Wyoming grew its holdings in shares of Tripadvisor by 142.0% in the 2nd quarter. State of Wyoming now owns 7,783 shares of the travel company's stock valued at $128,000 after acquiring an additional 4,567 shares in the last quarter. Institutional investors own 98.99% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. BMO Capital Markets raised their price objective on Tripadvisor from $20.00 to $23.00 and gave the company a "market perform" rating in a report on Friday, February 16th. B. Riley reiterated a "buy" rating and set a $34.00 price target (up previously from $27.00) on shares of Tripadvisor in a report on Friday, February 16th. StockNews.com upgraded Tripadvisor from a "hold" rating to a "buy" rating in a report on Friday, February 23rd. BTIG Research upgraded Tripadvisor from a "neutral" rating to a "buy" rating and set a $25.00 price target for the company in a report on Thursday, December 14th. Finally, TheStreet upgraded Tripadvisor from a "d+" rating to a "c" rating in a report on Wednesday, February 14th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $22.94.
Get Our Latest Stock Analysis on Tripadvisor
Tripadvisor Price Performance
NASDAQ:TRIP traded down $0.13 during mid-day trading on Tuesday, reaching $26.92. The stock had a trading volume of 2,060,028 shares, compared to its average volume of 2,509,385. The stock has a 50-day simple moving average of $26.12 and a two-hundred day simple moving average of $21.01. The stock has a market capitalization of $3.71 billion, a PE ratio of 450.83, a P/E/G ratio of 1.72 and a beta of 1.57. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.27 and a quick ratio of 2.27. Tripadvisor, Inc. has a 12 month low of $14.15 and a 12 month high of $28.76.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The travel company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.14. The business had revenue of $390.00 million for the quarter, compared to analysts' expectations of $372.93 million. Tripadvisor had a net margin of 0.56% and a return on equity of 11.69%. On average, equities analysts anticipate that Tripadvisor, Inc. will post 0.88 earnings per share for the current year.
Tripadvisor Profile
(
Free Report)
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.
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