1 week Ago By Defense World Staff
Sei Investments Co. cut its holdings in Tripadvisor, Inc. (NASDAQ:TRIP – Free Report) by 51.
4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,426 shares of the travel company’s stock after selling 38,579 shares during the quarter. Sei Investments Co.
’s holdings in Tripadvisor were worth $538,000 as of its most recent SEC filing. Several other large investors have also made changes to their positions in the business. Blue Trust Inc.
increased its stake in Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc.
now owns 2,298 shares of the travel company’s stock worth $33,000 after buying an additional 1,543 shares in the last quarter. Bogart Wealth LLC acquired a new stake in shares of Tripadvisor during the 4th quarter worth approximately $30,000. GAMMA Investing LLC raised its position in shares of Tripadvisor by 204.
7% during 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. Public Employees Retirement System of Ohio raised its position in shares of Tripadvisor by 7.
4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 52,534 shares of the travel company’s stock valued at $761,000 after buying an additional 3,604 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Tripadvisor by 21.
1% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 21,265 shares of the travel company’s stock valued at $314,000 after acquiring an additional 3,706 shares during the last quarter. 98.
99% of the stock is owned by institutional investors and hedge funds. Tripadvisor Stock PerformanceShares of TRIP stock opened at $12.61 on Thursday.
The company has a market cap of $1.77 billion, a P/E ratio of 630.82, a PEG ratio of 9.
01 and a beta of 1.25. The firm has a fifty day moving average price of $14.
94 and a 200 day moving average price of $14.94. 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 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 (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08).
The business had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million.
Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%.
Sell-side analysts predict that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.
Wall Street Analyst Weigh InTRIP has been the subject of several recent analyst reports. StockNews.com raised Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th.
UBS Group restated a “neutral” rating on shares of Tripadvisor in a research note on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price objective on Tripadvisor from $15.
00 to $11.00 and set an “underweight” rating for the company in a research note on Tuesday. Wedbush restated a “neutral” rating and set a $17.
00 target price on shares of Tripadvisor in a report on Thursday, December 19th. Finally, 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 research note on Friday, February 21st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.
com, Tripadvisor presently has an average rating of “Hold” and a consensus price target of $17.29.Check Out Our Latest Report on TRIPTripadvisor 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.Further ReadingFive stocks we like better than TripadvisorGrowth Stocks: What They Are, Examples and How to InvestQuantum Computing: The $6.
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