Harbor Capital Advisors Inc. grew its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP – Free Report) by 13.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,604 shares of the travel company’s stock after buying an additional 3,113 shares during the period. Harbor Capital Advisors Inc.’s holdings in TripAdvisor were worth $334,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Wittenberg Investment Management Inc. increased its stake in shares of TripAdvisor by 80.0% during the first quarter. Wittenberg Investment Management Inc. now owns 126,000 shares of the travel company’s stock valued at $1,785,000 after acquiring an additional 56,000 shares during the period. GAMMA Investing LLC increased its stake in shares of TripAdvisor by 904.8% during the first quarter. GAMMA Investing LLC now owns 36,927 shares of the travel company’s stock valued at $523,000 after acquiring an additional 33,252 shares during the period. Teacher Retirement System of Texas acquired a new position in shares of TripAdvisor during the first quarter valued at approximately $235,000. Raymond James Financial Inc. increased its stake in shares of TripAdvisor by 16.9% during the first quarter. Raymond James Financial Inc. now owns 238,094 shares of the travel company’s stock valued at $3,374,000 after acquiring an additional 34,347 shares during the period. Finally, Lightrock Netherlands B.V. increased its stake in shares of TripAdvisor by 54.4% during the first quarter. Lightrock Netherlands B.V. now owns 791,287 shares of the travel company’s stock valued at $11,231,000 after acquiring an additional 278,821 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on TRIP shares. Citigroup raised their price objective on shares of TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, August 18th. B. Riley lifted their price target on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. DA Davidson set a $16.25 price target on shares of TripAdvisor in a research report on Tuesday, July 8th. Wall Street Zen upgraded shares of TripAdvisor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Finally, UBS Group restated a “neutral” rating on shares of TripAdvisor in a research report on Sunday, August 10th. Eight investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $17.36.
TripAdvisor Trading Down 1.6%
Shares of NASDAQ TRIP opened at $18.83 on Friday. The company’s 50 day simple moving average is $17.56 and its 200 day simple moving average is $15.12. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $2.19 billion, a P/E ratio of 39.23, a P/E/G ratio of 3.03 and a beta of 1.27. TripAdvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $20.16.
TripAdvisor (NASDAQ:TRIP – Get Free Report) last posted its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The company had revenue of $529.00 million for the quarter, compared to analyst estimates of $529.91 million. During the same period last year, the business posted $0.39 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts predict that TripAdvisor, Inc. will post 0.46 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.
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