Wealth Enhancement Advisory Services LLC lifted its position in Tripadvisor Inc (NASDAQ:TRIP) by 28.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,543 shares of the travel company’s stock after acquiring an additional 6,268 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Tripadvisor were worth $1,043,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. FNY Managed Accounts LLC acquired a new position in shares of Tripadvisor in the 3rd quarter worth approximately $101,000. D.A. Davidson & CO. grew its position in shares of Tripadvisor by 957.0% in the 3rd quarter. D.A. Davidson & CO. now owns 5,655 shares of the travel company’s stock worth $229,000 after acquiring an additional 5,120 shares in the last quarter. BlueMountain Capital Management LLC acquired a new position in shares of Tripadvisor in the 2nd quarter worth approximately $242,000. Flinton Capital Management LLC grew its position in shares of Tripadvisor by 12.9% in the 2nd quarter. Flinton Capital Management LLC now owns 7,008 shares of the travel company’s stock worth $268,000 after acquiring an additional 800 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH acquired a new position in shares of Tripadvisor in the 3rd quarter worth approximately $285,000. Institutional investors own 88.74% of the company’s stock.
Shares of Tripadvisor Inc (NASDAQ TRIP) opened at $35.45 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. The firm has a market capitalization of $4,946.83, a price-to-earnings ratio of 75.43, a price-to-earnings-growth ratio of 4.21 and a beta of 2.33. Tripadvisor Inc has a 12 month low of $29.50 and a 12 month high of $53.47.
Tripadvisor (NASDAQ:TRIP) last announced its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, meeting the consensus estimate of $0.36. The firm had revenue of $439.00 million for the quarter, compared to the consensus estimate of $451.27 million. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 EPS. equities research analysts expect that Tripadvisor Inc will post 0.69 earnings per share for the current fiscal year.
TRIP has been the subject of several research reports. Zacks Investment Research lowered Tripadvisor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Royal Bank of Canada reiterated a “hold” rating and issued a $38.00 target price on shares of Tripadvisor in a research report on Friday, November 3rd. Jefferies Group reiterated a “sell” rating and issued a $35.00 target price on shares of Tripadvisor in a research report on Tuesday, October 31st. Wells Fargo & Co reiterated a “market perform” rating and issued a $33.00 target price (down previously from $42.00) on shares of Tripadvisor in a research report on Wednesday, November 8th. Finally, Deutsche Bank decreased their target price on Tripadvisor from $40.00 to $37.00 and set a “hold” rating for the company in a research report on Tuesday, October 24th. Eight analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $39.42.
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Tripadvisor Company Profile
TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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