Victory Capital Management Inc. Has $1.03 Million Holdings in TripAdvisor, Inc. (TRIP)
Victory Capital Management Inc. grew its position in shares of TripAdvisor, Inc. (NASDAQ:TRIP) by 11.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,420 shares of the travel company’s stock after purchasing an additional 2,594 shares during the quarter. Victory Capital Management Inc.’s holdings in TripAdvisor were worth $1,030,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in TRIP. KCG Holdings Inc. bought a new position in TripAdvisor during the 1st quarter worth approximately $205,000. BlueMountain Capital Management LLC acquired a new stake in shares of TripAdvisor during the 2nd quarter worth approximately $242,000. Cutter & CO Brokerage Inc. grew its position in shares of TripAdvisor by 0.5% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 6,520 shares of the travel company’s stock worth $249,000 after buying an additional 30 shares during the period. Westfield Capital Management Co. LP acquired a new stake in shares of TripAdvisor during the 2nd quarter worth approximately $252,000. Finally, Flinton Capital Management LLC grew its position in shares of TripAdvisor by 12.9% during the 2nd quarter. Flinton Capital Management LLC now owns 7,008 shares of the travel company’s stock worth $268,000 after buying an additional 800 shares during the period. Hedge funds and other institutional investors own 90.32% of the company’s stock.
Shares of TripAdvisor, Inc. (NASDAQ:TRIP) opened at $34.19 on Friday. TripAdvisor, Inc. has a 52 week low of $29.50 and a 52 week high of $53.58. The stock has a market capitalization of $4,748.24, a PE ratio of 49.55, a P/E/G ratio of 2.77 and a beta of 2.33. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.19.
TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.36. TripAdvisor had a return on equity of 6.81% and a net margin of 4.26%. The business had revenue of $439.00 million for the quarter, compared to analysts’ expectations of $451.27 million. During the same period in the previous year, the business posted $0.53 EPS. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. equities analysts anticipate that TripAdvisor, Inc. will post 0.69 earnings per share for the current fiscal year.
Several brokerages have recently commented on TRIP. Zacks Investment Research raised shares of TripAdvisor from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Royal Bank Of Canada reduced their price objective on shares of TripAdvisor from $38.00 to $34.00 and set a “sector perform” rating for the company in a research report on Monday, November 13th. Jefferies Group LLC reissued a “sell” rating and issued a $27.00 price target on shares of TripAdvisor in a research report on Friday, November 10th. Hilliard Lyons downgraded shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 8th. Finally, UBS AG reissued a “neutral” rating and issued a $43.00 price target on shares of TripAdvisor in a research report on Wednesday, November 8th. Eight research analysts have rated the stock with a sell rating and twenty have given a hold rating to the company’s stock. TripAdvisor presently has a consensus rating of “Hold” and an average target price of $40.05.
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.
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