Boussard & Gavaudan Investment Management LLP Buys 19,980 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Boussard & Gavaudan Investment Management LLP boosted its stake in Tripadvisor, Inc. (NASDAQ:TRIP) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 375,668 shares of the travel company’s stock after purchasing an additional 19,980 shares during the period. Boussard & Gavaudan Investment Management LLP owned about 0.27% of Tripadvisor worth $5,597,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB bought a new stake in Tripadvisor in the fourth quarter worth approximately $295,000. Ieq Capital LLC grew 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 valued at $941,000 after acquiring an additional 50,713 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Tripadvisor during the fourth quarter worth approximately $308,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Tripadvisor by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,199,339 shares of the travel company’s stock worth $17,378,000 after purchasing an additional 55,115 shares in the last quarter. Finally, Confluence Investment Management LLC grew its position in Tripadvisor by 43.6% in the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company’s stock valued at $3,454,000 after purchasing an additional 70,960 shares during the period. 98.99% of the stock is currently owned by institutional investors.

Tripadvisor Stock Performance

NASDAQ TRIP opened at $14.68 on Friday. The company has a 50-day simple moving average of $15.91 and a two-hundred day simple moving average of $15.03. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a 12-month low of $12.93 and a 12-month high of $28.64. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 734.37, a PEG ratio of 9.01 and a beta of 1.35.

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 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 the consensus estimate of $400.02 million. On average, equities analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. UBS Group reiterated a “neutral” rating on shares of Tripadvisor in a report on Tuesday, February 4th. JPMorgan Chase & Co. upped their price target on Tripadvisor from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Friday, February 21st. StockNews.com upgraded Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. DA Davidson reiterated a “neutral” rating and issued a $16.00 target price on shares of Tripadvisor in a research note on Thursday, February 20th. Finally, Wedbush reissued a “neutral” rating and set a $17.00 price target on shares of Tripadvisor in a research report on Thursday, December 19th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Tripadvisor currently has an average rating of “Hold” and a consensus price target of $17.57.

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.