November 28, 2016 - By Marguerite Chambers · 0 Comments
Tripadvisor Inc (NASDAQ:TRIP) institutional sentiment decreased to 1.15 in Q2 2016. Its down -0.21, from 1.36 in 2016Q1. The ratio is negative, as 189 active investment managers increased and opened new equity positions, while 139 sold and decreased holdings in Tripadvisor Inc. The active investment managers in our partner’s database now possess: 125.57 million shares, up from 124.35 million shares in 2016Q1. Also, the number of active investment managers holding Tripadvisor Inc in their top 10 equity positions increased from 6 to 7 for an increase of 1. Sold All: 45 Reduced: 94 Increased: 149 New Position: 40.
TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. The company has a market cap of $7.39 billion. TripAdvisor, the Company’s flagship brand, is a travel Website. It has a 62.26 P/E ratio. The Firm operates in two divisions.
About 1.38M shares traded hands. Tripadvisor Inc (NASDAQ:TRIP) has declined 18.19% since April 25, 2016 and is downtrending. It has underperformed by 24.21% the S&P500.
Analysts await Tripadvisor Inc (NASDAQ:TRIP) to report earnings on February, 9. They expect $0.18 earnings per share, down 50.00% or $0.18 from last year’s $0.36 per share. TRIP’s profit will be $26.41 million for 69.96 P/E if the $0.18 EPS becomes a reality. After $0.41 actual earnings per share reported by Tripadvisor Inc for the previous quarter, Wall Street now forecasts -56.10% negative EPS growth.
According to Zacks Investment Research, “TripAdvisor Inc. is an online travel research company. The Company features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages, travel guides, and lots more. The sites operate in many countries worldwide, including China under daodao.com. TripAdvisor Inc. is headquartered in Newton, Massachusetts.”
Slate Path Capital Lp holds 9.43% of its portfolio in Tripadvisor Inc for 1.88 million shares. Quantum Capital Management Llc Nj owns 239,108 shares or 5.04% of their US portfolio. Moreover, Light Street Capital Management Llc has 4.4% invested in the company for 375,000 shares. The California-based Valiant Capital Management L.P. has invested 3.96% in the stock. Par Capital Management Inc, a Massachusetts-based fund reported 3.20 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 4 selling transactions for $2.20 million net activity.
Ratings analysis reveals 17% of TripAdvisor LLC’s analysts are positive. Out of 18 Wall Street analysts rating TripAdvisor LLC, 3 give it “Buy”, 3 “Sell” rating, while 12 recommend “Hold”. The lowest target is $53 while the high is $120. The stock’s average target of $74.56 is 48.02% above today’s ($50.37) share price. TRIP was included in 32 notes of analysts from July 21, 2015. The stock has “Overweight” rating given by Piper Jaffray on Thursday, December 10. The firm has “Neutral” rating given on Tuesday, October 27 by Macquarie Research. On Tuesday, March 8 the stock rating was initiated by Moffett Nathanson with “Neutral”. The stock has “Underperform” rating given by Raymond James on Thursday, January 28. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, February 12. The stock of Tripadvisor Inc (NASDAQ:TRIP) has “Buy” rating given on Thursday, September 17 by Deutsche Bank. UBS maintained Tripadvisor Inc (NASDAQ:TRIP) on Friday, May 6 with “Neutral” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $86 target price in Friday, July 24 report. The stock has “Neutral” rating given by UBS on Friday, November 6. Deutsche Bank downgraded Tripadvisor Inc (NASDAQ:TRIP) rating on Friday, August 5. Deutsche Bank has “Hold” rating and $63 price target.
TripAdvisor, Inc., incorporated on July 20, 2011, is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Firm operates in two divisions: Hotel and Other. The Company’s Other segment consists of three divisions, which include Attractions, Restaurants and Vacation Rentals businesses. The Company’s branded Websites include tripadvisor.com in the United States and its localized versions of the TripAdvisor Website in approximately 45 other countries and are offered in over 30 languages, including English, Spanish, Chinese (Traditional and Simplified), Russian, Arabic, Greek, Korean, Polish, Norwegian, Turkish, Danish, Swedish, Dutch, Bahasa, Thai, Portuguese, Japanese, Italian, French, Vietnamese, Hebrew, Suomi, Hungarian, Czech, Slovak, Serbian and German. The Company’s Websites feature approximately 320 million reviews and opinions on over 6.2 million places to stay, places to eat and things to do, including approximately 995,000 hotels and accommodations and 770,000 vacation rentals, 3.8 million restaurants and 625,000 attractions around the world.
Another recent and important Tripadvisor Inc (NASDAQ:TRIP) news was published by Fool.com which published an article titled: “Why TripAdvisor Inc. Got Clipped Today” on November 09, 2016.
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By Marguerite Chambers