Liberty Tripadvisor Holdings Inc Series A (LTRPA) Raised to Buy at BidaskClub

BidaskClub upgraded shares of Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) from a hold rating to a buy rating in a report issued on Tuesday morning.

Several other equities research analysts have also recently issued reports on the company. ValuEngine raised Liberty Tripadvisor Holdings Inc Series A from a hold rating to a buy rating in a report on Friday, October 26th. Evercore ISI initiated coverage on Liberty Tripadvisor Holdings Inc Series A in a report on Tuesday, October 16th. They issued an in-line rating and a $12.50 target price on the stock.

NASDAQ:LTRPA opened at $16.31 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 0.84 and a beta of 1.37. Liberty Tripadvisor Holdings Inc Series A has a 52 week low of $7.90 and a 52 week high of $18.30.

Hedge funds and other institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. increased its stake in Liberty Tripadvisor Holdings Inc Series A by 525.5% during the third quarter. Meeder Asset Management Inc. now owns 7,243 shares of the technology company’s stock worth $107,000 after acquiring an additional 6,085 shares during the last quarter. Amalgamated Bank bought a new stake in Liberty Tripadvisor Holdings Inc Series A during the second quarter worth approximately $179,000. Fox Run Management L.L.C. bought a new stake in Liberty Tripadvisor Holdings Inc Series A during the third quarter worth approximately $195,000. Xact Kapitalforvaltning AB bought a new stake in Liberty Tripadvisor Holdings Inc Series A during the first quarter worth approximately $146,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Liberty Tripadvisor Holdings Inc Series A during the first quarter worth approximately $170,000. 90.46% of the stock is currently owned by institutional investors.

About Liberty Tripadvisor Holdings Inc Series A

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform user-generated reviews and opinions about destinations, accommodations, activities and attractions, and restaurants worldwide; and enables people plan and book a trip.

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