2 weeks Ago By ABMN Staff
Prudential Financial Inc. cut its stake in shares of Tripadvisor, Inc. ( NASDAQ:TRIP – Free Report ) by 1.
9% during the 4th quarter, Holdings Channel.com reports. The fund owned 109,923 shares of the travel company’s stock after selling 2,171 shares during the period.
Prudential Financial Inc.’s holdings in Tripadvisor were worth $1,532,000 as of its most recent SEC filing. A number of other hedge funds have also recently bought and sold shares of the company.
River Road Asset Management LLC raised its holdings in shares of Tripadvisor by 1.3% in the fourth quarter. River Road Asset Management LLC now owns 3,715,961 shares of the travel company’s stock valued at $54,885,000 after purchasing an additional 45,898 shares during the last quarter.
State Street Corp grew its position in Tripadvisor by 1.0% in the 3rd quarter. State Street Corp now owns 3,457,661 shares of the travel company’s stock worth $50,102,000 after purchasing an additional 33,809 shares in the last quarter.
Geode Capital Management LLC increased its stake in Tripadvisor by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,822,913 shares of the travel company’s stock valued at $26,421,000 after buying an additional 18,059 shares during the last quarter.
U S Global Investors Inc. lifted its position in shares of Tripadvisor by 2.0% during the 4th quarter.
U S Global Investors Inc. now owns 1,543,056 shares of the travel company’s stock worth $22,791,000 after buying an additional 30,508 shares in the last quarter. Finally, Charles Schwab Investment Management Inc.
boosted its stake in shares of Tripadvisor by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 1,204,362 shares of the travel company’s stock worth $17,788,000 after buying an additional 5,023 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.
Tripadvisor Stock Performance NASDAQ:TRIP opened at $11.69 on Friday. The business’s fifty day moving average is $15.
55 and its 200 day moving average is $15.05. The firm has a market cap of $1.
64 billion, a price-to-earnings ratio of 584.79, a PEG ratio of 9.01 and a beta of 1.
35. 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, Inc.
has a 52-week low of $11.49 and a 52-week high of $27.63.
Wall Street Analyst Weigh In TRIP has been the subject of a number of research analyst reports. UBS Group reaffirmed a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. JPMorgan Chase & Co.
raised their target price on Tripadvisor from $14.00 to $15.00 and gave the company an “underweight” rating in a research report on Friday, February 21st.
Cantor Fitzgerald cut their price target on shares of Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Friday, February 21st.
Wedbush restated a “neutral” rating and set a $17.00 price objective on shares of Tripadvisor in a report on Thursday, December 19th. Finally, StockNews.
com upgraded shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.
com, the company has a consensus rating of “Hold” and a consensus price target of $17.57. Read Our Latest Research Report on TRIP Tripadvisor Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding TRIP? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Tripadvisor, Inc. ( NASDAQ:TRIP – Free Report ). Receive News & Ratings for Tripadvisor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tripadvisor and related companies with MarketBeat.
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