Tripadvisor Inc (NASDAQ:TRIP) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.68 and last traded at $27.80, with a volume of 125904 shares. The stock had previously closed at $31.61.

A number of equities analysts have recently issued reports on TRIP shares. Credit Suisse Group lowered their target price on shares of Tripadvisor from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Cowen upgraded shares of Tripadvisor from an “underperform” rating to a “market perform” rating and set a $30.00 target price on the stock in a research report on Monday. SunTrust Banks lowered their target price on shares of Tripadvisor from $60.00 to $43.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Wedbush lowered their target price on shares of Tripadvisor from $50.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Finally, Consumer Edge started coverage on shares of Tripadvisor in a research report on Monday. They set an “underweight” rating and a $26.00 target price on the stock. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. Tripadvisor has an average rating of “Hold” and an average target price of $43.07.

The business’s 50-day moving average is $37.45 and its two-hundred day moving average is $42.15. The stock has a market capitalization of $4.34 billion, a PE ratio of 27.10, a price-to-earnings-growth ratio of 1.83 and a beta of 1.37.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Tripadvisor had a net margin of 7.44% and a return on equity of 9.18%. The firm had revenue of $428.00 million for the quarter, compared to analyst estimates of $459.39 million. During the same period last year, the firm posted $0.72 EPS. Tripadvisor’s quarterly revenue was down 6.6% on a year-over-year basis. Sell-side analysts anticipate that Tripadvisor Inc will post 1.19 earnings per share for the current fiscal year.

The company also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a $3.50 dividend. The ex-dividend date of this dividend is Tuesday, November 19th.

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. grew its position in Tripadvisor by 3.9% in the 2nd quarter. BlackRock Inc. now owns 7,859,610 shares of the travel company’s stock valued at $363,821,000 after buying an additional 297,123 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Tripadvisor by 38.1% during the 2nd quarter. AQR Capital Management LLC now owns 5,527,639 shares of the travel company’s stock worth $255,266,000 after purchasing an additional 1,526,024 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Tripadvisor by 8.1% during the 2nd quarter. First Trust Advisors LP now owns 2,805,388 shares of the travel company’s stock worth $129,861,000 after purchasing an additional 211,386 shares in the last quarter. Macquarie Group Ltd. boosted its position in shares of Tripadvisor by 15.1% during the 2nd quarter. Macquarie Group Ltd. now owns 2,656,099 shares of the travel company’s stock worth $122,951,000 after purchasing an additional 347,882 shares in the last quarter. Finally, PenderFund Capital Management Ltd. boosted its position in shares of Tripadvisor by 881.8% during the 2nd quarter. PenderFund Capital Management Ltd. now owns 2,000,000 shares of the travel company’s stock worth $2,703,000 after purchasing an additional 1,796,293 shares in the last quarter. Hedge funds and other institutional investors own 81.89% of the company’s stock.

Tripadvisor Company Profile (NASDAQ:TRIP)

TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotel and Non-Hotel. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, familyvacationcritic.com, flipkey.com, thefork.com, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, vacationhomerentals.com, and viator.com, as well as www.bokun.io and holidaylettings.co.uk.

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