Great West Life Assurance Co. Can raised its position in shares of Tripadvisor Inc (NASDAQ:TRIP) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,726 shares of the travel company’s stock after acquiring an additional 3,250 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.06% of Tripadvisor worth $3,383,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Cutter & CO Brokerage Inc. boosted its position in Tripadvisor by 0.5% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 6,520 shares of the travel company’s stock valued at $249,000 after acquiring an additional 30 shares in the last quarter. Advisor Group Inc. boosted its position in Tripadvisor by 1.4% during the 2nd quarter. Advisor Group Inc. now owns 8,401 shares of the travel company’s stock valued at $321,000 after acquiring an additional 118 shares in the last quarter. Norinchukin Bank The boosted its position in Tripadvisor by 4.4% during the 2nd quarter. Norinchukin Bank The now owns 7,663 shares of the travel company’s stock valued at $293,000 after acquiring an additional 326 shares in the last quarter. Intact Investment Management Inc. lifted its holdings in shares of Tripadvisor by 5.7% during the second quarter. Intact Investment Management Inc. now owns 9,300 shares of the travel company’s stock valued at $355,000 after purchasing an additional 500 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its holdings in shares of Tripadvisor by 0.4% during the second quarter. State Board of Administration of Florida Retirement System now owns 163,163 shares of the travel company’s stock valued at $6,233,000 after purchasing an additional 582 shares during the last quarter. 88.76% of the stock is currently owned by institutional investors and hedge funds.

TRIP has been the subject of several recent research reports. Barclays lowered their target price on shares of Tripadvisor from $45.00 to $35.00 and set an “equal weight” rating for the company in a report on Wednesday, November 8th. KeyCorp reiterated a “hold” rating on shares of Tripadvisor in a report on Wednesday, October 4th. Deutsche Bank lowered their target price on shares of Tripadvisor from $40.00 to $37.00 and set a “hold” rating for the company in a report on Tuesday, October 24th. SunTrust Banks reiterated a “hold” rating and set a $44.00 target price on shares of Tripadvisor in a report on Thursday, October 12th. Finally, Cowen reiterated a “hold” rating and set a $42.00 target price on shares of Tripadvisor in a report on Tuesday, September 12th. Seven research analysts have rated the stock with a sell rating and twenty have given a hold rating to the stock. The company presently has an average rating of “Hold” and an average target price of $39.44.

Shares of Tripadvisor Inc (NASDAQ TRIP) opened at $35.32 on Tuesday. The firm has a market cap of $4,791.29, a price-to-earnings ratio of 50.00, a price-to-earnings-growth ratio of 2.80 and a beta of 2.32. 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 12 month low of $29.50 and a 12 month high of $53.58.

Tripadvisor (NASDAQ:TRIP) last announced its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.36. The business had revenue of $439.00 million during the quarter, compared to analyst estimates of $451.27 million. Tripadvisor had a net margin of 4.26% and a return on equity of 6.81%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. equities research analysts predict that Tripadvisor Inc will post 0.69 earnings per share for the current year.

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Tripadvisor Company Profile

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.

Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

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