Travelport Worldwide Ltd (TVPT) Shares Bought by Strs Ohio

Strs Ohio lifted its stake in Travelport Worldwide Ltd (NYSE:TVPT) by 10.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,700 shares of the company’s stock after acquiring an additional 7,500 shares during the quarter. Strs Ohio’s holdings in Travelport Worldwide were worth $1,054,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in TVPT. Nationwide Fund Advisors grew its stake in shares of Travelport Worldwide by 326.6% in the second quarter. Nationwide Fund Advisors now owns 288,846 shares of the company’s stock worth $3,975,000 after acquiring an additional 221,133 shares during the period. BlackRock Inc. grew its stake in shares of Travelport Worldwide by 7.6% in the second quarter. BlackRock Inc. now owns 8,540,762 shares of the company’s stock worth $117,521,000 after acquiring an additional 601,076 shares during the period. Amalgamated Bank grew its stake in shares of Travelport Worldwide by 9.9% in the second quarter. Amalgamated Bank now owns 15,662 shares of the company’s stock worth $216,000 after acquiring an additional 1,411 shares during the period. New York State Common Retirement Fund grew its stake in shares of Travelport Worldwide by 12.4% in the second quarter. New York State Common Retirement Fund now owns 132,700 shares of the company’s stock worth $1,826,000 after acquiring an additional 14,599 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Travelport Worldwide by 4.0% in the second quarter. Northern Trust Corp now owns 1,516,912 shares of the company’s stock worth $20,872,000 after acquiring an additional 58,797 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Shares of Travelport Worldwide Ltd (NYSE:TVPT) opened at $12.90 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of -9.42. The stock has a market cap of $1,689.26, a P/E ratio of 17.92, a P/E/G ratio of 4.07 and a beta of 0.52. Travelport Worldwide Ltd has a 12-month low of $11.38 and a 12-month high of $16.17.

TVPT has been the subject of several recent research reports. BidaskClub lowered shares of Travelport Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Zacks Investment Research upgraded shares of Travelport Worldwide from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 6th. ValuEngine lowered shares of Travelport Worldwide from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Evercore ISI lowered shares of Travelport Worldwide from an “outperform” rating to an “underperform” rating in a research report on Friday, January 5th. Finally, Cowen set a $19.00 target price on shares of Travelport Worldwide and gave the company a “buy” rating in a research report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Travelport Worldwide currently has a consensus rating of “Hold” and an average price target of $16.00.

In related news, insider Matthew Minetola sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $12.86, for a total transaction of $154,320.00. Following the completion of the sale, the insider now directly owns 33,402 shares in the company, valued at $429,549.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.19% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This article was first reported by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.thestockobserver.com/2018/02/06/travelport-worldwide-ltd-tvpt-shares-bought-by-strs-ohio.html.

About Travelport Worldwide

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

Want to see what other hedge funds are holding TVPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Travelport Worldwide Ltd (NYSE:TVPT).

Institutional Ownership by Quarter for Travelport Worldwide (NYSE:TVPT)

Receive News & Ratings for Travelport Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelport Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply