Bronfman E.L. Rothschild L.P. raised its holdings in shares of Travelport Worldwide Ltd (NYSE:TVPT) by 450.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,630 shares of the company’s stock after acquiring an additional 1,334 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Travelport Worldwide were worth $25,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of TVPT. Resources Investment Advisors Inc. acquired a new stake in shares of Travelport Worldwide during the 4th quarter worth about $32,000. Piedmont Investment Advisors Inc. boosted its stake in shares of Travelport Worldwide by 7.1% during the 4th quarter. Piedmont Investment Advisors Inc. now owns 31,274 shares of the company’s stock worth $488,000 after purchasing an additional 2,072 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Travelport Worldwide by 5.7% during the 4th quarter. State of Alaska Department of Revenue now owns 43,870 shares of the company’s stock worth $685,000 after purchasing an additional 2,350 shares during the last quarter. Fort L.P. boosted its stake in shares of Travelport Worldwide by 10.9% during the 4th quarter. Fort L.P. now owns 24,993 shares of the company’s stock worth $390,000 after purchasing an additional 2,453 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Travelport Worldwide by 13.0% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,129 shares of the company’s stock worth $508,000 after purchasing an additional 3,469 shares during the last quarter. Hedge funds and other institutional investors own 94.16% of the company’s stock.

Travelport Worldwide stock opened at $15.73 on Thursday. Travelport Worldwide Ltd has a 12-month low of $13.27 and a 12-month high of $20.30. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 44.94 and a beta of 0.28.

Travelport Worldwide (NYSE:TVPT) last released its earnings results on Friday, February 22nd. The company reported $0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.05. Travelport Worldwide had a net margin of 2.85% and a negative return on equity of 33.12%. The business had revenue of $588.60 million for the quarter, compared to analysts’ expectations of $580.47 million. During the same period last year, the company earned $0.35 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Sell-side analysts predict that Travelport Worldwide Ltd will post 0.61 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on TVPT shares. Zacks Investment Research raised shares of Travelport Worldwide from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Tuesday, February 12th. Imperial Capital decreased their price target on shares of Travelport Worldwide from $20.00 to $15.75 and set an “in-line” rating on the stock in a research note on Tuesday, December 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $19.55.

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Travelport Worldwide Company Profile

Travelport Worldwide Limited, together with its subsidiaries, operates a travel commerce platform that offers distribution, technology, payment, mobile, and other solutions for the travel and tourism industry in the United States, the United Kingdom, and internationally. It facilitates travel commerce by connecting travel providers, such as airlines, hotel chains, and car rental companies with online and offline travel buyers in a business-to-business travel platform.

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Institutional Ownership by Quarter for Travelport Worldwide (NYSE:TVPT)

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