6 hours Ago By ABMN Staff
Raymond James Financial Inc. acquired a new stake in shares of Tripadvisor, Inc. ( NASDAQ:TRIP – Free Report ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund acquired 203,747 shares of the travel company’s stock, valued at approximately $3,009,000. A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bogart Wealth LLC bought a new position in shares of Tripadvisor during the 4th quarter valued at about $30,000.
Blue Trust Inc. grew its holdings in shares of Tripadvisor by 204.4% during the fourth quarter.
Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after buying an additional 1,543 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in shares of Tripadvisor by 83.
8% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock valued at $50,000 after purchasing an additional 1,557 shares during the period. GAMMA Investing LLC increased its stake in Tripadvisor by 204.
7% in the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock valued at $54,000 after buying an additional 2,469 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Tripadvisor during the fourth quarter worth $58,000.
98.99% of the stock is currently owned by institutional investors. Analysts Set New Price Targets TRIP has been the subject of several analyst reports.
StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. UBS Group reduced their price objective on Tripadvisor from $18.
00 to $15.00 and set a “neutral” rating for the company in a research report on Monday. 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 report on Monday, March 10th.
JPMorgan Chase & Co. reduced their price objective on Tripadvisor from $15.00 to $11.
00 and set an “underweight” rating for the company in a research report on Tuesday, April 8th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $16.00 target price on shares of Tripadvisor in a research report on Thursday, February 20th.
Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.
14. Tripadvisor Stock Performance Shares of Tripadvisor stock opened at $12.82 on Tuesday.
The stock’s fifty day simple moving average is $13.44 and its 200 day simple moving average is $14.71.
The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.
93. The company has a market capitalization of $1.80 billion, a PE ratio of 641.
32, a PEG ratio of 9.01 and a beta of 1.25.
Tripadvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $27.
63. Tripadvisor ( NASDAQ:TRIP – Get Free Report ) last released its quarterly earnings data on Thursday, February 20th. The travel company reported $0.
13 earnings per share 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 business had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million.
On average, research analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current year.
Tripadvisor Company 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.
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