89,000 Shares in Despegar.com, Corp. (NYSE:DESP) Acquired by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc purchased a new stake in shares of Despegar.com, Corp. (NYSE:DESP - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 89,000 shares of the company's stock, valued at approximately $842,000. O Brien Greene & Co. Inc owned about 0.13% of Despegar.com as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Despegar.com by 1.8% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,623,787 shares of the company's stock valued at $26,272,000 after purchasing an additional 63,650 shares during the last quarter. Artisan Partners Limited Partnership raised its position in shares of Despegar.com by 13.1% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,808,162 shares of the company's stock valued at $13,109,000 after purchasing an additional 210,128 shares during the last quarter. Loomis Sayles & Co. L P raised its position in shares of Despegar.com by 139.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 673,966 shares of the company's stock valued at $4,886,000 after purchasing an additional 392,366 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Despegar.com by 43.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 292,005 shares of the company's stock valued at $2,762,000 after purchasing an additional 88,269 shares during the last quarter. Finally, Dumac Inc. raised its position in Despegar.com by 841.0% during the 3rd quarter. Dumac Inc. now owns 196,942 shares of the company's stock worth $1,428,000 after buying an additional 176,012 shares during the last quarter. 67.93% of the stock is owned by hedge funds and other institutional investors.

Despegar.com Stock Up 0.3 %

Shares of NYSE:DESP traded up $0.04 during trading on Friday, hitting $12.81. 544,391 shares of the stock traded hands, compared to its average volume of 825,555. The company has a market cap of $846.23 million, a price-to-earnings ratio of -49.27 and a beta of 2.05. The company has a fifty day moving average price of $10.85 and a two-hundred day moving average price of $9.20. Despegar.com, Corp. has a 52-week low of $4.92 and a 52-week high of $13.23.

Analyst Upgrades and Downgrades

DESP has been the subject of several research reports. B. Riley restated a "buy" rating and set a $16.00 price objective (up from $15.00) on shares of Despegar.com in a research note on Friday, March 15th. Cantor Fitzgerald restated an "overweight" rating and set a $14.00 price objective on shares of Despegar.com in a research note on Friday, March 22nd.

About Despegar.com

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.