Motley Fool Wealth Management LLC raised its position in Tripadvisor Inc (NASDAQ:TRIP) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,133 shares of the travel company’s stock after buying an additional 9,455 shares during the period. Tripadvisor accounts for 1.4% of Motley Fool Wealth Management LLC’s holdings, making the stock its 22nd largest position. Motley Fool Wealth Management LLC owned 0.24% of Tripadvisor worth $14,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TRIP. Thunderbird Partners LLP acquired a new position in Tripadvisor during the third quarter worth $85,749,000. Highfields Capital Management LP raised its position in Tripadvisor by 64.3% in the fourth quarter. Highfields Capital Management LP now owns 2,555,542 shares of the travel company’s stock worth $118,500,000 after buying an additional 1,000,000 shares during the period. EastBay Asset Management LLC acquired a new position in Tripadvisor during the fourth quarter worth $23,276,000. Immersion Capital LLP raised its position in Tripadvisor by 41.5% in the fourth quarter. Immersion Capital LLP now owns 1,405,010 shares of the travel company’s stock worth $65,150,000 after buying an additional 412,282 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in Tripadvisor during the fourth quarter worth $18,827,000. 86.78% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

Tripadvisor Inc (NASDAQ:TRIP) traded down 1.88% on Monday, hitting $39.07. 4,865,381 shares of the stock traded hands. The stock has a market capitalization of $5.52 billion, a P/E ratio of 54.95 and a beta of 2.02. Tripadvisor Inc has a 12-month low of $38.32 and a 12-month high of $71.69. The company’s 50 day moving average price is $43.77 and its 200-day moving average price is $46.81.

Tripadvisor (NASDAQ:TRIP) last released its earnings results on Tuesday, May 9th. The travel company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. Tripadvisor had a net margin of 8.08% and a return on equity of 12.67%. The business had revenue of $372 million for the quarter, compared to analyst estimates of $376.67 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Analysts predict that Tripadvisor Inc will post $1.17 EPS for the current year.

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TRIP has been the topic of a number of research reports. Cowen and Company reissued an “underperform” rating and issued a $35.00 target price on shares of Tripadvisor in a research note on Wednesday, March 8th. Vetr lowered shares of Tripadvisor from a “strong-buy” rating to a “buy” rating and set a $46.78 target price on the stock. in a research note on Monday, March 13th. Zacks Investment Research raised shares of Tripadvisor from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Needham & Company LLC lowered shares of Tripadvisor from a “hold” rating to an “underperform” rating in a research note on Tuesday, February 28th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $48.00 target price on shares of Tripadvisor in a research note on Monday, May 8th. Six research analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $49.00.

About Tripadvisor

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

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