Voya Investment Management LLC Sells 23,195 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Voya Investment Management LLC lessened its holdings in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,604 shares of the travel company's stock after selling 23,195 shares during the period. Voya Investment Management LLC owned about 0.14% of Tripadvisor worth $2,948,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Toronado Partners LLC purchased a new stake in Tripadvisor in the 4th quarter valued at approximately $10,533,000. SG Americas Securities LLC lifted its holdings in shares of 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 buying an additional 643,963 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Tripadvisor by 20.4% in 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 in the last quarter. Lightrock Netherlands B.V. bought a new stake in shares of Tripadvisor during the 4th quarter worth about $7,607,000. Finally, ExodusPoint Capital Management LP bought a new stake in shares of Tripadvisor in the fourth quarter valued at about $5,170,000. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Tripadvisor Stock Performance

Tripadvisor stock traded up $0.63 on Thursday, reaching $14.99. 1,088,668 shares of the stock were exchanged, compared to its average volume of 2,485,986. The stock has a market cap of $2.10 billion, a PE ratio of 749.87, a PEG ratio of 9.01 and a beta of 1.27. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $19.37. The firm has a fifty day moving average price of $13.14 and a two-hundred day moving average price of $14.61.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $398.00 million for the quarter, compared to the consensus estimate of $386.94 million. During the same period last year, the company earned $0.12 earnings per share. The firm's revenue was up .8% compared to the same quarter last year. Sell-side analysts anticipate that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TRIP shares. UBS Group decreased their price target on shares of Tripadvisor from $18.00 to $15.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. JPMorgan Chase & Co. decreased their price target on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 8th. Mizuho raised shares of Tripadvisor to a "hold" rating in a research report on Friday, April 18th. StockNews.com upgraded Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Finally, Cantor Fitzgerald cut their price objective on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a research report on Friday, February 21st. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Tripadvisor presently has an average rating of "Hold" and an average target price of $17.14.

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.