7,050 Shares in TripAdvisor, Inc. $TRIP Bought by Traub Capital Management LLC

Traub Capital Management LLC acquired a new stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,050 shares of the travel company’s stock, valued at approximately $92,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Greenland Capital Management LP increased its stake in shares of TripAdvisor by 176.4% in the second quarter. Greenland Capital Management LP now owns 294,151 shares of the travel company’s stock worth $3,839,000 after acquiring an additional 187,734 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of TripAdvisor in the 2nd quarter valued at $5,220,000. Creative Planning acquired a new position in shares of TripAdvisor in the 2nd quarter valued at $349,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of TripAdvisor by 15.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,319 shares of the travel company’s stock valued at $396,000 after buying an additional 3,975 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in TripAdvisor by 48.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,837,654 shares of the travel company’s stock valued at $37,036,000 after acquiring an additional 931,283 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

TripAdvisor Stock Up 0.6%

Shares of TRIP opened at $14.55 on Thursday. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 30.31, a price-to-earnings-growth ratio of 2.49 and a beta of 1.21. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The business’s 50 day simple moving average is $16.26 and its 200-day simple moving average is $15.99. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $20.16.

TripAdvisor (NASDAQ:TRIP) last released its earnings results on Thursday, November 6th. The travel company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. The business had revenue of $553.00 million during the quarter, compared to the consensus estimate of $562.92 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the company earned $0.50 earnings per share. As a group, equities analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Insider Transactions at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the completion of the sale, the insider directly owned 136,914 shares in the company, valued at $2,743,756.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TRIP shares. Mizuho set a $17.00 price objective on shares of TripAdvisor and gave the company a “neutral” rating in a research report on Friday, November 14th. Barclays decreased their target price on shares of TripAdvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Friday, November 7th. UBS Group reaffirmed a “neutral” rating on shares of TripAdvisor in a report on Sunday, August 10th. Citigroup upped their target price on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, August 18th. Finally, Wall Street Zen downgraded shares of TripAdvisor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $16.66.

TripAdvisor Company Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.