George Kaiser Family Foundation cut its holdings in Tripadvisor Inc (NASDAQ:TRIP) by 38.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,655 shares of the travel company’s stock after selling 18,443 shares during the quarter. Tripadvisor accounts for 0.3% of George Kaiser Family Foundation’s investment portfolio, making the stock its 14th largest position. George Kaiser Family Foundation’s holdings in Tripadvisor were worth $1,022,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Advisor Group Inc. lifted its stake in shares of Tripadvisor by 1.4% in the 2nd quarter. Advisor Group Inc. now owns 8,401 shares of the travel company’s stock valued at $321,000 after purchasing an additional 118 shares during the last quarter. Flinton Capital Management LLC lifted its stake 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 purchasing an additional 800 shares during the last quarter. Suntrust Banks Inc. lifted its stake in shares of Tripadvisor by 1.7% in the 2nd quarter. Suntrust Banks Inc. now owns 49,192 shares of the travel company’s stock valued at $1,879,000 after purchasing an additional 803 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Tripadvisor by 0.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 99,229 shares of the travel company’s stock valued at $3,791,000 after purchasing an additional 865 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in shares of Tripadvisor by 11.5% in the 3rd quarter. Pacer Advisors Inc. now owns 18,309 shares of the travel company’s stock valued at $742,000 after purchasing an additional 1,884 shares during the last quarter. Institutional investors and hedge funds own 90.33% of the company’s stock.
TRIP has been the topic of several recent analyst reports. Zacks Investment Research raised Tripadvisor from a “sell” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Thursday, January 11th. Barclays decreased their target price on Tripadvisor from $45.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 8th. Royal Bank of Canada reissued a “hold” rating and set a $38.00 target price on shares of Tripadvisor in a research note on Friday, November 3rd. Stifel Nicolaus reduced their price target on Tripadvisor from $40.00 to $32.00 and set a “hold” rating on the stock in a research report on Wednesday, November 8th. Finally, Deutsche Bank reduced their price target on Tripadvisor from $40.00 to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, October 24th. Eight analysts have rated the stock with a sell rating and eighteen have given a hold rating to the stock. Tripadvisor has a consensus rating of “Hold” and a consensus price target of $39.42.
In related news, CFO Ernst 02494 Teunissen sold 9,457 shares of Tripadvisor stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. Following the completion of the transaction, the chief financial officer now directly owns 13,866 shares of the company’s stock, valued at $554,640. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.09% of the company’s stock.
Shares of Tripadvisor Inc (NASDAQ:TRIP) traded down $0.60 during mid-day trading on Tuesday, reaching $37.71. The company had a trading volume of 3,842,200 shares, compared to its average volume of 3,270,386. The firm has a market capitalization of $5,240.00, a PE ratio of 80.23, a PEG ratio of 4.42 and a beta of 2.22. Tripadvisor Inc has a 52-week low of $29.50 and a 52-week high of $53.29. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47.
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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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