Tudor Investment Corp ET AL Takes Position in Tripadvisor, Inc. (NASDAQ:TRIP)

Tudor Investment Corp ET AL bought a new position in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 84,725 shares of the travel company's stock, valued at approximately $1,251,000. Tudor Investment Corp ET AL owned approximately 0.06% of Tripadvisor at the end of the most recent quarter.

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

Tripadvisor Trading Up 0.5 %

TRIP traded up $0.08 during mid-day trading on Friday, hitting $15.02. The stock had a trading volume of 4,269,540 shares, compared to its average volume of 2,385,764. Tripadvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $19.37. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 751.38, a price-to-earnings-growth ratio of 9.01 and a beta of 1.27. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. The stock's fifty day simple moving average is $13.18 and its 200-day simple moving average is $14.61.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its earnings results on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.09. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. The firm had revenue of $398.00 million for the quarter, compared to analyst estimates of $386.94 million. During the same period in the previous year, the company posted $0.12 earnings per share. The company's revenue for the quarter was up .8% on a year-over-year basis. As a group, research analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TRIP. StockNews.com raised shares of Tripadvisor from a "hold" rating to a "buy" rating in a report on Monday, February 24th. B. Riley decreased their price target on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Cantor Fitzgerald dropped their price objective 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. JPMorgan Chase & Co. increased their price objective on Tripadvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a research report on Friday. Finally, 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. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $17.08.

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.