U S Global Investors Inc. Grows Position in Tripadvisor, Inc. (NASDAQ:TRIP)

U S Global Investors Inc. grew its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 2.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,543,056 shares of the travel company’s stock after buying an additional 30,508 shares during the period. Tripadvisor accounts for 2.3% of U S Global Investors Inc.’s portfolio, making the stock its 12th largest position. U S Global Investors Inc.’s holdings in Tripadvisor were worth $22,791,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new stake in Tripadvisor during the 4th quarter valued at $295,000. Janney Montgomery Scott LLC purchased a new position in Tripadvisor during the fourth quarter valued at approximately $308,000. Ieq Capital LLC raised its stake in Tripadvisor by 391.1% in the fourth quarter. Ieq Capital LLC now owns 63,680 shares of the travel company’s stock worth $941,000 after buying an additional 50,713 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Tripadvisor by 4.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,199,339 shares of the travel company’s stock worth $17,378,000 after buying an additional 55,115 shares during the period. Finally, Boussard & Gavaudan Investment Management LLP bought a new stake in Tripadvisor during the 3rd quarter valued at $5,159,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a report on Monday. UBS Group restated a “neutral” rating on shares of Tripadvisor in a research note on Tuesday, February 4th. JPMorgan Chase & Co. boosted their price target on Tripadvisor from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Friday, February 21st. TD Cowen lifted their target price on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, Wedbush reiterated a “neutral” rating and issued a $17.00 price target on shares of Tripadvisor in a report on Thursday, December 19th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.71.

Tripadvisor Stock Down 3.1 %

TRIP opened at $14.45 on Friday. The company has a fifty day moving average of $16.08 and a two-hundred day moving average of $15.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. Tripadvisor, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $28.76. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 722.86, a PEG ratio of 9.01 and a beta of 1.34.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The business had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. On average, research analysts expect that Tripadvisor, Inc. will post 0.46 earnings per share 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.