192,403 Shares in Tripadvisor, Inc. (NASDAQ:TRIP) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in Tripadvisor, Inc. (NASDAQ:TRIP) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 192,403 shares of the travel company’s stock, valued at approximately $2,788,000.

Several other institutional investors also recently bought and sold shares of TRIP. Boston Partners acquired a new stake in shares of Tripadvisor during the first quarter worth $131,887,000. River Road Asset Management LLC lifted its position 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 buying an additional 917,689 shares during the period. Dimensional Fund Advisors LP lifted its position in Tripadvisor by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 2,733,746 shares of the travel company’s stock worth $48,686,000 after buying an additional 95,138 shares during the period. AQR Capital Management LLC boosted its stake in 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 buying an additional 822,712 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. grew its holdings in Tripadvisor by 4.9% in the 2nd quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,292,087 shares of the travel company’s stock valued at $40,822,000 after buying an additional 107,154 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Tripadvisor from $17.00 to $14.00 and set an “underweight” rating on the stock in a report on Wednesday, August 7th. StockNews.com cut shares of Tripadvisor from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. TD Cowen increased their target price on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. BMO Capital Markets lowered their price target on Tripadvisor from $20.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, August 7th. Finally, DA Davidson reduced their price objective on Tripadvisor from $20.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, August 12th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Tripadvisor presently has a consensus rating of “Hold” and a consensus price target of $18.33.

Tripadvisor Trading Up 1.0 %

Shares of TRIP opened at $13.49 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. Tripadvisor, Inc. has a one year low of $12.93 and a one year high of $28.76. The stock has a 50-day moving average price of $14.83 and a 200 day moving average price of $16.21. The company has a market capitalization of $1.88 billion, a P/E ratio of 58.63, a P/E/G ratio of 9.38 and a beta of 1.37.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The business had revenue of $532.00 million during the quarter, compared to the consensus estimate of $527.86 million. During the same quarter last year, the company earned $0.35 earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. Sell-side analysts forecast that Tripadvisor, Inc. will post 0.36 EPS for the current fiscal 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.