Van Lanschot Kempen Investment Management N.V. Raises Position in Tripadvisor, Inc. (NASDAQ:TRIP)

Van Lanschot Kempen Investment Management N.V. increased its holdings in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,587,902 shares of the travel company's stock after purchasing an additional 208,173 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 1.86% of Tripadvisor worth $38,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Toronado Partners LLC bought a new stake in shares of Tripadvisor in the 4th quarter valued at about $10,533,000. SG Americas Securities LLC lifted its position in Tripadvisor by 679.5% in the fourth quarter. SG Americas Securities LLC now owns 738,731 shares of the travel company's stock valued at $10,911,000 after purchasing an additional 643,963 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Tripadvisor by 20.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock valued at $53,674,000 after purchasing an additional 615,519 shares during the period. Lightrock Netherlands B.V. bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $7,607,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $5,170,000. 98.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TRIP has been the subject of several analyst reports. UBS Group reissued a "neutral" rating on shares of Tripadvisor in a research report on Tuesday, February 4th. B. Riley cut their target price on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. StockNews.com raised Tripadvisor from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. Mizuho upgraded Tripadvisor to a "hold" rating in a research report on Friday, April 18th. Finally, JPMorgan Chase & Co. decreased their target price on Tripadvisor from $15.00 to $11.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $17.29.

Tripadvisor Stock Up 0.2 %

NASDAQ:TRIP traded up $0.03 during mid-day trading on Friday, hitting $12.73. 1,715,689 shares of the company's stock were exchanged, compared to its average volume of 2,468,876. The company has a market cap of $1.79 billion, a PE ratio of 636.82, a P/E/G ratio of 9.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. Tripadvisor, Inc. has a one year low of $10.43 and a one year high of $27.63. The business has a fifty day moving average price of $13.54 and a 200 day moving average price of $14.72.

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

About Tripadvisor

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.