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

U S Global Investors Inc. grew its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,543,056 shares of the travel company’s stock after purchasing an additional 30,508 shares during the period. Tripadvisor makes up approximately 2.3% of U S Global Investors Inc.’s holdings, making the stock its 12th largest position. U S Global Investors Inc. owned approximately 1.11% of Tripadvisor worth $22,791,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $295,000. Janney Montgomery Scott LLC purchased a new stake in Tripadvisor during the 4th quarter valued at $308,000. Ieq Capital LLC increased its holdings in shares of Tripadvisor by 391.1% in the 4th quarter. Ieq Capital LLC now owns 63,680 shares of the travel company’s stock worth $941,000 after purchasing an additional 50,713 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Tripadvisor by 4.8% in 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 purchasing an additional 55,115 shares during the last quarter. Finally, Boussard & Gavaudan Investment Management LLP bought a new position in shares of Tripadvisor during the third quarter valued at $5,159,000. 98.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TRIP shares. StockNews.com raised Tripadvisor from a “hold” rating to a “buy” rating in a research report on Monday. TD Cowen raised their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Cantor Fitzgerald reduced their price objective on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Friday, February 21st. UBS Group restated a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. Finally, DA Davidson reiterated a “neutral” rating and issued a $16.00 price target on shares of Tripadvisor in a research report on Thursday, February 20th. 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 company’s stock. Based on data from MarketBeat.com, Tripadvisor has a consensus rating of “Hold” and an average target price of $17.71.

Tripadvisor Trading Down 3.1 %

Shares of TRIP opened at $14.45 on Friday. Tripadvisor, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $28.76. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The company’s fifty day moving average is $16.08 and its 200 day moving average is $15.01. The stock has a market capitalization of $2.01 billion, a PE ratio of 722.86, a P/E/G ratio of 9.01 and a beta of 1.34.

Tripadvisor (NASDAQ:TRIP) last posted its 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). Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. The business had revenue of $411.00 million during the quarter, compared to the consensus estimate of $400.02 million. Sell-side analysts expect that Tripadvisor, Inc. will post 0.46 earnings per share 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.