Ashburton Jersey Ltd Has $583,000 Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Ashburton Jersey Ltd reduced its position in Tripadvisor, Inc. (NASDAQ:TRIP) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,456 shares of the travel company’s stock after selling 2,826 shares during the quarter. Ashburton Jersey Ltd’s holdings in Tripadvisor were worth $583,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bogart Wealth LLC acquired a new stake in shares of Tripadvisor during the 4th quarter worth approximately $30,000. Blue Trust Inc. increased its stake in shares of Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after purchasing an additional 1,543 shares during the last quarter. Aster Capital Management DIFC Ltd raised its holdings in shares of Tripadvisor by 83.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock worth $50,000 after buying an additional 1,557 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock worth $54,000 after buying an additional 2,469 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Tripadvisor in the fourth quarter valued at about $58,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Tripadvisor Stock Performance

Shares of TRIP stock opened at $11.69 on Friday. The stock has a market capitalization of $1.64 billion, a PE ratio of 584.79, a PEG ratio of 9.01 and a beta of 1.35. The business’s 50 day simple moving average is $15.55 and its 200 day simple moving average is $15.05. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. Tripadvisor, Inc. has a one year low of $11.49 and a one year high of $27.63.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data 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 return on equity of 9.02% and a net margin of 0.33%. The firm had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million. As a group, research analysts forecast that Tripadvisor, Inc. will post 0.46 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TRIP shares. StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a report on Monday, February 24th. UBS Group restated a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. Cantor Fitzgerald lowered their price target on shares of Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Friday, February 21st. DA Davidson reissued a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a report on Thursday, February 20th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a report on Thursday, December 19th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.