Tripadvisor Inc (TRIP) Position Decreased by Disciplined Growth Investors Inc. MN

Disciplined Growth Investors Inc. MN reduced its stake in shares of Tripadvisor Inc (NASDAQ:TRIP) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 476,577 shares of the travel company’s stock after selling 5,775 shares during the quarter. Disciplined Growth Investors Inc. MN owned about 0.34% of Tripadvisor worth $19,316,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TRIP. Bank of Montreal Can raised its stake in shares of Tripadvisor by 20.6% during the second quarter. Bank of Montreal Can now owns 49,999 shares of the travel company’s stock valued at $1,909,000 after purchasing an additional 8,531 shares in the last quarter. Aperio Group LLC raised its stake in shares of Tripadvisor by 34.4% during the second quarter. Aperio Group LLC now owns 28,714 shares of the travel company’s stock valued at $1,097,000 after purchasing an additional 7,355 shares in the last quarter. Shell Asset Management Co. raised its stake in shares of Tripadvisor by 28.4% during the second quarter. Shell Asset Management Co. now owns 8,776 shares of the travel company’s stock valued at $335,000 after purchasing an additional 1,942 shares in the last quarter. Candriam Luxembourg S.C.A. raised its stake in shares of Tripadvisor by 40.6% during the second quarter. Candriam Luxembourg S.C.A. now owns 10,281 shares of the travel company’s stock valued at $393,000 after purchasing an additional 2,967 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Tripadvisor by 13.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 406,835 shares of the travel company’s stock valued at $15,542,000 after purchasing an additional 46,930 shares in the last quarter. Institutional investors and hedge funds own 88.76% of the company’s stock.

Tripadvisor Inc (TRIP) opened at $35.32 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. Tripadvisor Inc has a 12 month low of $29.50 and a 12 month high of $53.58. The firm has a market capitalization of $4,791.29, a PE ratio of 50.00, a price-to-earnings-growth ratio of 2.80 and a beta of 2.32.

Tripadvisor (NASDAQ:TRIP) last released its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The company had revenue of $439.00 million for the quarter, compared to analysts’ expectations of $451.27 million. During the same quarter in the previous year, the business posted $0.53 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. equities research analysts forecast that Tripadvisor Inc will post 0.69 earnings per share for the current year.

Several brokerages have commented on TRIP. Cowen reiterated a “market perform” rating and issued a $40.00 price target (up from $30.00) on shares of Tripadvisor in a research report on Monday, November 27th. Zacks Investment Research upgraded shares of Tripadvisor from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Royal Bank of Canada dropped their price target on shares of Tripadvisor from $38.00 to $34.00 and set a “sector perform” rating on the stock in a research report on Monday, November 13th. Jefferies Group reiterated a “sell” rating and issued a $27.00 price target on shares of Tripadvisor in a research report on Friday, November 10th. Finally, Hilliard Lyons cut shares of Tripadvisor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. Seven analysts have rated the stock with a sell rating and twenty have issued a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of $39.44.

ILLEGAL ACTIVITY WARNING: This report was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was stolen and republished in violation of US & international copyright and trademark legislation. The correct version of this report can be accessed at https://ledgergazette.com/2017/12/12/tripadvisor-inc-trip-position-decreased-by-disciplined-growth-investors-inc-mn.html.

Tripadvisor 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.

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).

Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

Receive News & Ratings for Tripadvisor Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tripadvisor Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply