Janus Henderson Group PLC lifted its stake in Tripadvisor Inc (NASDAQ:TRIP) by 104.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,135 shares of the travel company’s stock after purchasing an additional 42,421 shares during the quarter. Janus Henderson Group PLC owned 0.06% of Tripadvisor worth $3,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Matrix Capital Management Company LP raised its position in Tripadvisor by 152.3% in the 2nd quarter. Matrix Capital Management Company LP now owns 3,532,600 shares of the travel company’s stock worth $134,945,000 after buying an additional 2,132,600 shares during the last quarter. BlackRock Inc. raised its position in Tripadvisor by 23.9% in the 2nd quarter. BlackRock Inc. now owns 8,883,209 shares of the travel company’s stock worth $339,338,000 after buying an additional 1,713,523 shares during the last quarter. Allianz Asset Management GmbH purchased a new position in Tripadvisor in the 3rd quarter worth about $56,957,000. Sumitomo Mitsui Asset Management Company LTD raised its position in Tripadvisor by 12,501.8% in the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,377,381 shares of the travel company’s stock worth $55,825,000 after buying an additional 1,366,451 shares during the last quarter. Finally, Carmignac Gestion raised its position in Tripadvisor by 9.4% in the 3rd quarter. Carmignac Gestion now owns 6,851,065 shares of the travel company’s stock worth $277,674,000 after buying an additional 585,879 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.
Tripadvisor Inc (TRIP) opened at $36.54 on Friday. The stock has a market capitalization of $5,070.00, a P/E ratio of 77.74, a P/E/G ratio of 4.17 and a beta of 2.33. 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 52 week low of $29.50 and a 52 week high of $53.58.
Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, meeting the Zacks’ 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 during the quarter, compared to the consensus estimate of $451.27 million. During the same period in the previous year, the company posted $0.53 EPS. The firm’s revenue was up 4.3% on a year-over-year basis. research analysts predict that Tripadvisor Inc will post 0.69 earnings per share for the current year.
A number of equities analysts have weighed in on TRIP shares. SunTrust Banks reissued a “hold” rating and issued a $44.00 target price on shares of Tripadvisor in a research report on Thursday, October 12th. Zacks Investment Research lowered Tripadvisor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Hilliard Lyons lowered Tripadvisor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. Citigroup reaffirmed a “neutral” rating and set a $41.00 price target (up previously from $39.00) on shares of Tripadvisor in a research report on Tuesday, October 3rd. Finally, Stifel Nicolaus reduced their price target on shares of Tripadvisor from $40.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday, November 8th. Eight analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $39.42.
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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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