Barclays PLC Grows Stock Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Barclays PLC grew its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 22.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,970 shares of the travel company’s stock after purchasing an additional 12,946 shares during the period. Barclays PLC owned approximately 0.05% of Tripadvisor worth $1,049,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of TRIP. Bogart Wealth LLC acquired a new position in Tripadvisor during the 4th quarter valued at approximately $30,000. Blue Trust Inc. raised its position in Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after buying an additional 1,543 shares during the last quarter. Aster Capital Management DIFC Ltd raised its holdings in shares of Tripadvisor by 83.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock worth $50,000 after purchasing an additional 1,557 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Tripadvisor by 204.7% in the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock valued at $54,000 after buying an additional 2,469 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Tripadvisor in the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Tripadvisor Stock Down 1.1 %

Shares of TRIP opened at $12.73 on Tuesday. The stock has a market capitalization of $1.79 billion, a PE ratio of 636.82, a P/E/G ratio of 9.01 and a beta of 1.25. Tripadvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $26.08. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The company’s 50-day simple moving average is $13.18 and its 200-day simple moving average is $14.63.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. Analysts forecast that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TRIP shares. StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. JPMorgan Chase & Co. dropped their target price on shares of Tripadvisor from $15.00 to $11.00 and set an “underweight” rating for the company in a report on Tuesday, April 8th. B. Riley cut their price objective on shares of Tripadvisor from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Mizuho upgraded Tripadvisor to a “hold” rating in a research report on Friday, April 18th. Finally, DA Davidson reiterated a “neutral” rating and issued a $16.00 target price on shares of Tripadvisor in a report on Thursday, February 20th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.14.

About Tripadvisor

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.