LSV Asset Management trimmed its position in shares of Travelport Worldwide Ltd (NYSE:TVPT) by 60.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 659,900 shares of the company’s stock after selling 1,012,918 shares during the quarter. LSV Asset Management owned 0.52% of Travelport Worldwide worth $10,307,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bessemer Group Inc. increased its holdings in shares of Travelport Worldwide by 253.0% during the third quarter. Bessemer Group Inc. now owns 415,531 shares of the company’s stock valued at $7,010,000 after acquiring an additional 297,831 shares in the last quarter. Stevens Capital Management LP increased its holdings in shares of Travelport Worldwide by 145.8% during the third quarter. Stevens Capital Management LP now owns 37,143 shares of the company’s stock valued at $627,000 after acquiring an additional 22,031 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Travelport Worldwide by 8.6% during the third quarter. Vanguard Group Inc now owns 4,532,299 shares of the company’s stock valued at $76,460,000 after acquiring an additional 359,725 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Travelport Worldwide by 69.1% during the third quarter. Acadian Asset Management LLC now owns 501,874 shares of the company’s stock valued at $8,468,000 after acquiring an additional 205,090 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new stake in Travelport Worldwide in the fourth quarter valued at approximately $3,019,000. 95.72% of the stock is owned by institutional investors.

A number of brokerages recently commented on TVPT. Imperial Capital lowered Travelport Worldwide to a “hold” rating and dropped their target price for the company from $20.00 to $16.00 in a research report on Monday, December 10th. ValuEngine lowered Travelport Worldwide from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. Zacks Investment Research lowered Travelport Worldwide from a “buy” rating to a “hold” rating in a research report on Thursday, November 8th. Finally, Morgan Stanley set a $16.00 target price on Travelport Worldwide and gave the stock a “hold” rating in a research note on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. Travelport Worldwide currently has an average rating of “Hold” and a consensus target price of $18.79.

NYSE TVPT opened at $15.71 on Tuesday. Travelport Worldwide Ltd has a one year low of $13.02 and a one year high of $20.30. The firm has a market capitalization of $1.99 billion, a P/E ratio of 16.71 and a beta of 0.28.

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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, 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 with online and offline travel buyers in a business-to-business travel platform.

Further Reading: Asset Allocation, Balancing Your Investments

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

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