Hollencrest Capital Management bought a new stake in shares of Tripadvisor Inc (NASDAQ:TRIP) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 14,000 shares of the travel company’s stock, valued at approximately $482,000.

A number of other hedge funds have also added to or reduced their stakes in the business. State of Alaska Department of Revenue increased its stake in Tripadvisor by 95.1% during the fourth quarter. State of Alaska Department of Revenue now owns 26,040 shares of the travel company’s stock valued at $896,000 after purchasing an additional 12,690 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in Tripadvisor during the fourth quarter valued at $471,000. ANTIPODES PARTNERS Ltd bought a new stake in Tripadvisor during the fourth quarter valued at $61,301,000. Marathon Asset Management LLP increased its stake in Tripadvisor by 1.6% during the fourth quarter. Marathon Asset Management LLP now owns 343,919 shares of the travel company’s stock valued at $11,851,000 after purchasing an additional 5,374 shares during the last quarter. Finally, CWM LLC increased its stake in Tripadvisor by 28.8% during the fourth quarter. CWM LLC now owns 155,333 shares of the travel company’s stock valued at $5,353,000 after purchasing an additional 34,745 shares during the last quarter. Hedge funds and other institutional investors own 88.74% of the company’s stock.

Shares of Tripadvisor Inc (NASDAQ:TRIP) opened at $35.45 on Friday. The firm has a market cap of $4,950.00, a PE ratio of 75.43, a P/E/G ratio of 4.24 and a beta of 2.33. Tripadvisor Inc has a 1-year low of $29.50 and a 1-year high of $53.47. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.47 and a quick ratio of 2.47.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, hitting the consensus estimate of $0.36. Tripadvisor had a net margin of 4.26% and a return on equity of 6.81%. The business had revenue of $439.00 million during the quarter, compared to the consensus estimate of $451.27 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. analysts forecast that Tripadvisor Inc will post 0.69 EPS for the current fiscal year.

Several analysts have weighed in on TRIP shares. Zacks Investment Research lowered shares of Tripadvisor from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. 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 research note on Tuesday, October 24th. Jefferies Group reissued a “sell” rating and set a $27.00 price target on shares of Tripadvisor in a report on Friday, November 10th. SunTrust Banks reissued a “hold” rating and set a $44.00 price target on shares of Tripadvisor in a report on Thursday, October 12th. Finally, Royal Bank of Canada reduced their price target on shares of Tripadvisor from $38.00 to $34.00 and set a “sector perform” rating for the company in a report on Monday, November 13th. Eight investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the stock. Tripadvisor presently has an average rating of “Hold” and a consensus target price of $39.42.

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Tripadvisor 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.

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Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

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