Tripadvisor, Inc. (NASDAQ:TRIP) Position Increased by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA increased its position in shares of Tripadvisor, Inc. (NASDAQ:TRIPGet Rating) by 6.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,771 shares of the travel company’s stock after acquiring an additional 576 shares during the period. CHICAGO TRUST Co NA’s holdings in Tripadvisor were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of the business. Bouvel Investment Partners LLC increased its position in Tripadvisor by 2.5% during the first quarter. Bouvel Investment Partners LLC now owns 72,666 shares of the travel company’s stock worth $1,971,000 after buying an additional 1,750 shares during the last quarter. Wasatch Advisors Inc. grew its position in shares of Tripadvisor by 11.2% in the fourth quarter. Wasatch Advisors Inc. now owns 1,435,528 shares of the travel company’s stock valued at $39,132,000 after purchasing an additional 144,315 shares during the last quarter. Stanley Capital Management LLC grew its position in shares of Tripadvisor by 71.2% in the fourth quarter. Stanley Capital Management LLC now owns 232,608 shares of the travel company’s stock valued at $6,341,000 after purchasing an additional 96,708 shares during the last quarter. Marshall Wace LLP grew its position in shares of Tripadvisor by 30.0% in the fourth quarter. Marshall Wace LLP now owns 460,317 shares of the travel company’s stock valued at $12,547,000 after purchasing an additional 106,316 shares during the last quarter. Finally, CastleKnight Management LP acquired a new stake in shares of Tripadvisor in the fourth quarter valued at about $919,000. 82.89% of the stock is currently owned by hedge funds and other institutional investors.

TRIP has been the subject of several research reports. Citigroup reduced their target price on shares of Tripadvisor from $30.00 to $26.00 and set a “neutral” rating for the company in a research note on Monday, May 9th. StockNews.com initiated coverage on shares of Tripadvisor in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Ascendiant Capital Markets set a $36.00 target price on shares of Tripadvisor in a research note on Monday. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $34.00.

TRIP opened at $18.40 on Thursday. The stock has a market capitalization of $2.57 billion, a P/E ratio of -25.21 and a beta of 1.36. Tripadvisor, Inc. has a 12 month low of $18.10 and a 12 month high of $42.62. The firm’s fifty day simple moving average is $23.89 and its 200 day simple moving average is $25.65. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.17.

Tripadvisor (NASDAQ:TRIPGet Rating) last issued its quarterly earnings results on Wednesday, May 4th. The travel company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.03. Tripadvisor had a negative net margin of 9.80% and a negative return on equity of 12.01%. The firm had revenue of $262.00 million for the quarter, compared to analysts’ expectations of $249.70 million. During the same period in the previous year, the firm posted ($0.56) EPS. The company’s revenue for the quarter was up 113.0% on a year-over-year basis. On average, equities research analysts predict that Tripadvisor, Inc. will post 0.36 EPS for the current fiscal year.

Tripadvisor Company Profile (Get Rating)

TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining. The company operates TripAdvisor-branded websites, including tripadvisor.com in the United States; and localized versions of the website in 40 markets and 20 languages.

See Also

Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

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