Dakota Wealth Management acquired a new position in Tripadvisor, Inc. (NASDAQ:TRIP – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 71,325 shares of the travel company’s stock, valued at approximately $1,053,000. Dakota Wealth Management owned 0.05% of Tripadvisor at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in TRIP. True Wealth Design LLC purchased a new position in Tripadvisor during the 3rd quarter valued at $27,000. Capital Performance Advisors LLP purchased a new stake in shares of Tripadvisor during the third quarter valued at $28,000. Future Financial Wealth Managment LLC bought a new position in shares of Tripadvisor in the third quarter worth about $43,000. 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 worth $54,000 after buying an additional 2,469 shares during the period. Finally, KBC Group NV lifted its holdings in Tripadvisor by 65.3% during the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock valued at $65,000 after buying an additional 1,777 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on TRIP. DA Davidson restated a “neutral” rating and issued a $16.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th. UBS Group reduced their price objective on Tripadvisor from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. TD Cowen upped their target price on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Wedbush restated a “neutral” rating and set a $17.00 price target on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, StockNews.com lowered shares of Tripadvisor from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $17.50.
Tripadvisor Stock Down 1.5 %
Shares of TRIP stock opened at $17.66 on Friday. The stock’s fifty day moving average price is $14.56 and its 200 day moving average price is $15.01. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.85 and a quick ratio of 1.85. Tripadvisor, Inc. has a 1-year low of $12.93 and a 1-year high of $28.76. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 76.79, a price-to-earnings-growth ratio of 8.59 and a beta of 1.33.
Tripadvisor (NASDAQ:TRIP – Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The firm had revenue of $532.00 million for the quarter, compared to the consensus estimate of $527.86 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. On average, research analysts expect that Tripadvisor, Inc. will post 0.36 earnings per share for the current fiscal year.
Tripadvisor 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.
Featured Stories
- Five stocks we like better than Tripadvisor
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- 3 Buy-and-Hold Stocks for Long-Term Growth
- What is an Earnings Surprise?
- Despite Short-Term Risks Freeport McMoran Worth a Look
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.com's FREE daily email newsletter.