Yousif Capital Management LLC Grows Stock Position in Tripadvisor, Inc. (NASDAQ:TRIP)

Yousif Capital Management LLC raised its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,543 shares of the travel company’s stock after acquiring an additional 3,299 shares during the quarter. Yousif Capital Management LLC’s holdings in Tripadvisor were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale purchased a new position in shares of Tripadvisor during the 3rd quarter worth approximately $34,000. International Assets Investment Management LLC grew its holdings in Tripadvisor by 2,053.0% during the 4th quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company’s stock valued at $46,000 after buying an additional 2,053 shares during the last quarter. CWM LLC increased its position in Tripadvisor by 40.4% during the fourth quarter. CWM LLC now owns 7,047 shares of the travel company’s stock worth $152,000 after buying an additional 2,029 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Tripadvisor in the fourth quarter worth $173,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of Tripadvisor in the third quarter valued at $181,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TRIP. Mizuho boosted their target price on shares of Tripadvisor from $20.00 to $23.00 and gave the company a “neutral” rating in a research note on Friday, February 16th. Wedbush reissued a “neutral” rating and set a $30.00 price objective on shares of Tripadvisor in a research note on Thursday, April 18th. UBS Group lifted their target price on shares of Tripadvisor from $21.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, February 16th. Citigroup boosted their price target on Tripadvisor from $23.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, April 17th. Finally, TheStreet upgraded Tripadvisor from a “d+” rating to a “c” rating in a report on Wednesday, February 14th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $24.12.

Tripadvisor Trading Down 2.9 %

NASDAQ TRIP opened at $25.79 on Friday. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 429.83, a PEG ratio of 1.67 and a beta of 1.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.27 and a current ratio of 2.27. Tripadvisor, Inc. has a one year low of $14.15 and a one year high of $28.76. The company’s 50 day moving average price is $26.91 and its 200 day moving average price is $22.21.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Wednesday, February 14th. The travel company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.14. The business had revenue of $390.00 million for the quarter, compared to the consensus estimate of $372.93 million. Tripadvisor had a net margin of 0.56% and a return on equity of 11.69%. On average, sell-side analysts predict that Tripadvisor, Inc. will post 0.88 EPS for the current year.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.