Marathon Asset Management LLP grew its holdings in Tripadvisor Inc (NASDAQ:TRIP) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 343,919 shares of the travel company’s stock after buying an additional 5,374 shares during the quarter. Marathon Asset Management LLP owned about 0.25% of Tripadvisor worth $11,851,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of TRIP. FNY Managed Accounts LLC acquired a new stake in shares of Tripadvisor in the 3rd quarter valued at approximately $101,000. D.A. Davidson & CO. lifted its holdings 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 valued at $229,000 after buying an additional 5,120 shares during the period. BlueMountain Capital Management LLC acquired a new stake in shares of Tripadvisor in the 2nd quarter valued at approximately $242,000. Westfield Capital Management Co. LP acquired a new stake in shares of Tripadvisor in the 2nd quarter valued at approximately $252,000. Finally, Flinton Capital Management LLC lifted its holdings 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 valued at $268,000 after buying an additional 800 shares during the period. 88.74% of the stock is owned by institutional investors and hedge funds.
Tripadvisor Inc (TRIP) opened at $35.90 on Thursday. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $4,984.33, a price-to-earnings ratio of 76.38, a price-to-earnings-growth ratio of 4.24 and a beta of 2.33. Tripadvisor Inc has a 1 year low of $29.50 and a 1 year high of $53.47.
Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, hitting the consensus estimate of $0.36. The company had revenue of $439.00 million during 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%. Tripadvisor’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 earnings per share. sell-side analysts forecast that Tripadvisor Inc will post 0.69 EPS for the current fiscal year.
Several equities analysts recently weighed in on the company. Zacks Investment Research raised Tripadvisor from a “sell” rating to a “buy” rating and set a $39.00 price objective for the company in a research note on Thursday, January 11th. ValuEngine downgraded Tripadvisor from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. BidaskClub downgraded Tripadvisor from a “sell” rating to a “strong sell” rating in a research note on Friday, December 22nd. Oppenheimer reaffirmed a “hold” rating on shares of Tripadvisor in a research note on Sunday, December 17th. Finally, Cowen reaffirmed a “market perform” rating and issued a $40.00 price objective (up from $30.00) on shares of Tripadvisor in a research note on Monday, November 27th. Eight investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and one has given a buy rating to the company. Tripadvisor presently has a consensus rating of “Hold” and an average target price of $39.42.
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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