Leuthold Group LLC purchased a new stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 163,493 shares of the travel company's stock, valued at approximately $3,520,000. Leuthold Group LLC owned approximately 0.12% of Tripadvisor at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Tripadvisor by 11.7% in the 3rd quarter. Vanguard Group Inc. now owns 12,084,674 shares of the travel company's stock valued at $200,364,000 after buying an additional 1,263,706 shares during the period. Public Sector Pension Investment Board acquired a new stake in shares of Tripadvisor in the 3rd quarter valued at $2,206,000. Moody Aldrich Partners LLC acquired a new stake in shares of Tripadvisor in the 4th quarter valued at $3,520,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Tripadvisor by 40.4% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 71,977 shares of the travel company's stock valued at $1,193,000 after buying an additional 20,721 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Tripadvisor by 8.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,095,471 shares of the travel company's stock valued at $18,163,000 after buying an additional 83,290 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on TRIP shares. The Goldman Sachs Group lifted their target price on Tripadvisor from $23.00 to $34.00 and gave the company a "buy" rating in a research note on Tuesday, February 20th. UBS Group raised their price target on Tripadvisor from $21.00 to $27.00 and gave the stock a "neutral" rating in a research report on Friday, February 16th. B. Riley restated a "buy" rating and issued a $34.00 price target (up from $27.00) on shares of Tripadvisor in a research report on Friday, February 16th. Mizuho raised their price target on Tripadvisor from $20.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, February 16th. Finally, Citigroup raised their price target on Tripadvisor from $23.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 17th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $24.12.
Get Our Latest Research Report on Tripadvisor
Tripadvisor Trading Down 0.1 %
TRIP stock traded down $0.02 during midday trading on Tuesday, hitting $25.48. 3,775,938 shares of the company's stock were exchanged, compared to its average volume of 2,361,130. The stock's fifty day moving average price is $26.85 and its 200-day moving average price is $22.43. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.27 and a current ratio of 2.27. The company has a market cap of $3.51 billion, a PE ratio of 428.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.56. Tripadvisor, Inc. has a one year low of $14.15 and a one year high of $28.76.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The travel company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.14. Tripadvisor had a return on equity of 11.69% and a net margin of 0.56%. The firm had revenue of $390.00 million for the quarter, compared to the consensus estimate of $372.93 million. Research analysts predict that Tripadvisor, Inc. will post 0.88 earnings per share for the current fiscal year.
Tripadvisor Company 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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