1,431 Shares in Tripadvisor, Inc. (NASDAQ:TRIP) Bought by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC bought a new position in Tripadvisor, Inc. (NASDAQ:TRIPGet Rating) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 1,431 shares of the travel company’s stock, valued at approximately $32,000.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Tripadvisor by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 9,384,653 shares of the travel company’s stock worth $254,511,000 after buying an additional 77,179 shares during the period. State Street Corp raised its position in Tripadvisor by 3.8% in the first quarter. State Street Corp now owns 2,644,251 shares of the travel company’s stock valued at $71,712,000 after purchasing an additional 97,233 shares during the period. Dimensional Fund Advisors LP raised its position in Tripadvisor by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,232,574 shares of the travel company’s stock valued at $33,427,000 after purchasing an additional 43,103 shares during the period. Goldman Sachs Group Inc. raised its position in Tripadvisor by 90.0% in the second quarter. Goldman Sachs Group Inc. now owns 1,159,739 shares of the travel company’s stock valued at $20,644,000 after purchasing an additional 549,492 shares during the period. Finally, AQR Capital Management LLC raised its position in Tripadvisor by 52.4% in the second quarter. AQR Capital Management LLC now owns 952,533 shares of the travel company’s stock valued at $16,822,000 after purchasing an additional 327,702 shares during the period. 95.69% of the stock is owned by hedge funds and other institutional investors.

Tripadvisor Stock Up 0.5 %

NASDAQ:TRIP opened at $21.79 on Friday. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of -311.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.26. Tripadvisor, Inc. has a one year low of $16.87 and a one year high of $30.48. The stock has a 50-day simple moving average of $19.42 and a 200 day simple moving average of $21.49. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.28 and a current ratio of 2.28.

Tripadvisor (NASDAQ:TRIPGet Rating) last posted its quarterly earnings results on Monday, November 7th. The travel company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.13). The firm had revenue of $459.00 million during the quarter, compared to analyst estimates of $445.19 million. Tripadvisor had a negative return on equity of 0.86% and a negative net margin of 0.51%.

Wall Street Analysts Forecast Growth

Several research firms have commented on TRIP. Wells Fargo & Company cut their price objective on Tripadvisor from $30.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 9th. DA Davidson cut their price objective on Tripadvisor from $33.00 to $30.00 in a research report on Friday, November 25th. Mizuho cut their price objective on Tripadvisor from $26.00 to $22.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 9th. Barclays lowered their target price on Tripadvisor from $22.00 to $18.00 and set an “underweight” rating for the company in a research note on Wednesday, November 9th. Finally, Wolfe Research downgraded Tripadvisor from a “market perform” rating to an “underperform” rating and set a $17.00 target price for the company. in a research note on Wednesday, December 7th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Tripadvisor currently has an average rating of “Hold” and an average target price of $24.46.

About Tripadvisor

(Get Rating)

TripAdvisor, Inc is an online travel company, which owns and operates a portfolio of online travel brands. It operates through the following segments: Hotels, Media & Platform, and Experiences & Dining. The Hotels, Media and Platform segment provides contextually-relevant booking links to travel partners on websites.

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Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

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