Susquehanna Fundamental Investments LLC Makes New $2.41 Million Investment in Tripadvisor, Inc. (NASDAQ:TRIP)

Susquehanna Fundamental Investments LLC bought a new position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 163,239 shares of the travel company's stock, valued at approximately $2,411,000. Susquehanna Fundamental Investments LLC owned approximately 0.12% of Tripadvisor as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TRIP. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Tripadvisor during the 4th quarter worth approximately $295,000. ExodusPoint Capital Management LP acquired a new stake in Tripadvisor during the fourth quarter worth $5,170,000. Ieq Capital LLC increased 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 buying an additional 50,713 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Tripadvisor in the 4th quarter valued at $308,000. Finally, Confluence Investment Management LLC lifted its holdings in shares of Tripadvisor by 43.6% during the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company's stock worth $3,454,000 after acquiring an additional 70,960 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on TRIP shares. Cantor Fitzgerald dropped 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. DA Davidson restated a "neutral" rating and set a $16.00 target price on shares of Tripadvisor in a research report on Thursday, February 20th. B. Riley dropped their price objective on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. UBS Group cut their price objective on Tripadvisor from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Monday, April 28th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Tripadvisor presently has a consensus rating of "Hold" and a consensus target price of $17.14.

Tripadvisor Trading Up 1.4 %

TRIP traded up $0.18 during mid-day trading on Friday, reaching $12.87. The stock had a trading volume of 1,683,101 shares, compared to its average volume of 2,469,117. The firm's fifty day simple moving average is $13.23 and its two-hundred day simple moving average is $14.65. The stock has a market capitalization of $1.81 billion, a P/E ratio of 643.82, a P/E/G ratio of 9.01 and a beta of 1.25. Tripadvisor, Inc. has a 52 week low of $10.43 and a 52 week high of $26.08. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The firm had revenue of $411.00 million during the quarter, compared to the consensus estimate of $400.02 million. On average, equities analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current year.

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.