Travelport Worldwide Ltd (NYSE:TVPT) saw strong trading volume on Friday . 10,512,589 shares traded hands during mid-day trading, an increase of 304% from the previous session’s volume of 2,600,288 shares.The stock last traded at $13.70 and had previously closed at $12.86.

Several research analysts have recently weighed in on the stock. BidaskClub downgraded shares of Travelport Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of Travelport Worldwide from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 9th. Cowen set a $19.00 target price on shares of Travelport Worldwide and gave the company a “buy” rating in a research note on Wednesday, November 1st. ValuEngine downgraded shares of Travelport Worldwide from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, Evercore ISI downgraded shares of Travelport Worldwide from an “outperform” rating to an “underperform” rating in a research note on Friday, January 5th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $15.88.

The stock has a market cap of $1,610.00, a price-to-earnings ratio of 19.03, a PEG ratio of 3.82 and a beta of 0.49. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of -9.42.

Travelport Worldwide (NYSE:TVPT) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.08. The company had revenue of $610.84 million during the quarter, compared to analyst estimates of $611.03 million. The company’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.33 earnings per share. sell-side analysts forecast that Travelport Worldwide Ltd will post 0.77 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Thursday, December 7th were issued a $0.075 dividend. The ex-dividend date was Wednesday, December 6th. This represents a $0.30 annualized dividend and a yield of 2.19%. Travelport Worldwide’s dividend payout ratio is presently 41.67%.

In other Travelport Worldwide news, insider Antonios Basoukeas sold 15,000 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $14.50, for a total transaction of $217,500.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Matthew Minetola sold 12,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $12.86, for a total transaction of $154,320.00. Following the sale, the insider now directly owns 33,402 shares in the company, valued at $429,549.72. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company’s stock.

Several large investors have recently modified their holdings of the business. ETRADE Capital Management LLC raised its holdings in shares of Travelport Worldwide by 3.9% during the second quarter. ETRADE Capital Management LLC now owns 21,592 shares of the company’s stock worth $297,000 after purchasing an additional 811 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of Travelport Worldwide by 9.2% during the second quarter. Ameritas Investment Partners Inc. now owns 10,900 shares of the company’s stock worth $150,000 after purchasing an additional 918 shares during the period. Amalgamated Bank raised its holdings in shares of Travelport Worldwide by 9.9% during the second quarter. Amalgamated Bank now owns 15,662 shares of the company’s stock worth $216,000 after purchasing an additional 1,411 shares during the period. Meeder Asset Management Inc. raised its holdings in shares of Travelport Worldwide by 84.4% during the third quarter. Meeder Asset Management Inc. now owns 12,370 shares of the company’s stock worth $194,000 after purchasing an additional 5,660 shares during the period. Finally, American International Group Inc. raised its holdings in shares of Travelport Worldwide by 8.1% during the third quarter. American International Group Inc. now owns 83,260 shares of the company’s stock worth $1,307,000 after purchasing an additional 6,225 shares during the period. 92.25% of the stock is currently owned by institutional investors.

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Travelport Worldwide Company Profile

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

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