SG Americas Securities LLC Grows Position in Tripadvisor, Inc. (NASDAQ:TRIP)

SG Americas Securities LLC lifted its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 679.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 738,731 shares of the travel company’s stock after purchasing an additional 643,963 shares during the quarter. SG Americas Securities LLC owned 0.53% of Tripadvisor worth $10,911,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TRIP. Pacer Advisors Inc. grew its position in Tripadvisor by 167.6% in the third quarter. Pacer Advisors Inc. now owns 5,067,733 shares of the travel company’s stock worth $73,431,000 after acquiring an additional 3,173,817 shares in the last quarter. River Road Asset Management LLC lifted its stake in Tripadvisor by 33.3% during the third quarter. River Road Asset Management LLC now owns 3,670,063 shares of the travel company’s stock worth $53,179,000 after purchasing an additional 917,689 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Tripadvisor by 53.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,375,868 shares of the travel company’s stock worth $41,364,000 after purchasing an additional 822,712 shares in the last quarter. U S Global Investors Inc. increased its position in shares of Tripadvisor by 71.8% during the 3rd quarter. U S Global Investors Inc. now owns 1,512,548 shares of the travel company’s stock valued at $21,917,000 after purchasing an additional 632,353 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Tripadvisor by 883.4% during the 2nd quarter. Marshall Wace LLP now owns 653,436 shares of the travel company’s stock valued at $11,638,000 after buying an additional 586,990 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Tripadvisor Stock Performance

Shares of TRIP stock opened at $17.93 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a 52 week low of $12.93 and a 52 week high of $28.76. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 77.96, a PEG ratio of 8.68 and a beta of 1.33. The stock has a fifty day moving average of $14.48 and a 200 day moving average of $15.01.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The company had revenue of $532.00 million for the quarter, compared to analysts’ expectations of $527.86 million. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. Tripadvisor’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 earnings per share. As a group, research analysts expect that Tripadvisor, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analyst Weigh In

TRIP has been the subject of several research reports. TD Cowen upped their target price on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. B. Riley increased their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. StockNews.com downgraded shares of Tripadvisor from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Wedbush reaffirmed a “neutral” rating and set a $17.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, DA Davidson reiterated a “neutral” rating and issued a $16.00 price objective on shares of Tripadvisor in a report on Thursday, December 19th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $17.50.

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.