Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) shares fell 2.4% during trading on Wednesday following a weaker than expected earnings announcement. The stock traded as low as $8.45 and last traded at $8.30. 1,039,585 shares traded hands during mid-day trading, an increase of 53% from the average session volume of 679,542 shares. The stock had previously closed at $8.50.

The technology company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.18). Liberty TripAdvisor Holdings had a net margin of 0.44% and a return on equity of 0.13%. The business had revenue of $439.00 million for the quarter.

Separately, BidaskClub upgraded shares of Liberty TripAdvisor Holdings from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th.

Several large investors have recently modified their holdings of LTRPA. SG Americas Securities LLC purchased a new stake in shares of Liberty TripAdvisor Holdings in the 1st quarter valued at approximately $114,000. TIAA CREF Investment Management LLC lifted its position in shares of Liberty TripAdvisor Holdings by 30.8% in the 1st quarter. TIAA CREF Investment Management LLC now owns 504,540 shares of the technology company’s stock valued at $7,114,000 after acquiring an additional 118,667 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Liberty TripAdvisor Holdings by 5.3% in the 1st quarter. California Public Employees Retirement System now owns 181,900 shares of the technology company’s stock valued at $2,565,000 after acquiring an additional 9,100 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Liberty TripAdvisor Holdings by 12.6% in the 1st quarter. Legal & General Group Plc now owns 27,628 shares of the technology company’s stock valued at $389,000 after acquiring an additional 3,089 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Liberty TripAdvisor Holdings by 4.7% in the 1st quarter. Vanguard Group Inc. now owns 5,439,934 shares of the technology company’s stock valued at $76,703,000 after acquiring an additional 243,447 shares in the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The stock has a market cap of $663.17, a PE ratio of 86.75 and a beta of 2.13.

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Liberty TripAdvisor Holdings Company Profile

Liberty TripAdvisor Holdings, Inc is a holding company. Through its interests in subsidiaries and other companies, the Company is primarily engaged in the online travel research and online commerce industries. The Company’s subsidiaries include TripAdvisor, Inc (TripAdvisor), which owns and operates a portfolio of online travel brands, and BuySeasons, Inc, which owns and operates BuyCostumes.com and the Celebrate Express (BuySeasons) family of Websites.

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