U S Global Investors Inc. Buys 164,985 Shares of TripAdvisor, Inc. $TRIP

U S Global Investors Inc. grew its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP) by 18.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,037,854 shares of the travel company’s stock after purchasing an additional 164,985 shares during the quarter. TripAdvisor comprises 1.6% of U S Global Investors Inc.’s portfolio, making the stock its 19th biggest holding. U S Global Investors Inc.’s holdings in TripAdvisor were worth $15,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. New York State Teachers Retirement System grew its stake in shares of TripAdvisor by 0.5% during the third quarter. New York State Teachers Retirement System now owns 130,686 shares of the travel company’s stock valued at $2,125,000 after buying an additional 624 shares during the last quarter. Essex Investment Management Co. LLC grew its stake in shares of TripAdvisor by 75.7% during the third quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock valued at $25,000 after buying an additional 656 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of TripAdvisor by 4.3% during the third quarter. Nisa Investment Advisors LLC now owns 15,998 shares of the travel company’s stock valued at $260,000 after buying an additional 663 shares during the last quarter. Covestor Ltd grew its stake in shares of TripAdvisor by 64.8% during the third quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock valued at $29,000 after buying an additional 696 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of TripAdvisor by 39.7% during the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after buying an additional 705 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

TripAdvisor Stock Down 1.9%

NASDAQ TRIP opened at $10.86 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $1.25 billion, a PE ratio of 36.20, a PEG ratio of 1.64 and a beta of 0.88. TripAdvisor, Inc. has a 1 year low of $9.01 and a 1 year high of $20.16. The business’s 50-day moving average is $10.36 and its 200 day moving average is $13.14.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, February 12th. The travel company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.11). The business had revenue of $411.00 million during the quarter, compared to the consensus estimate of $412.53 million. TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 earnings per share. Sell-side analysts forecast that TripAdvisor, Inc. will post 0.84 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TripAdvisor in a research note on Monday, December 29th. Cantor Fitzgerald set a $10.00 price objective on TripAdvisor and gave the company an “underweight” rating in a research note on Friday, February 13th. Wall Street Zen cut TripAdvisor from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. BTIG Research reduced their price objective on TripAdvisor from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, DA Davidson reduced their price objective on TripAdvisor from $16.25 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, TripAdvisor has a consensus rating of “Reduce” and an average price target of $14.68.

About TripAdvisor

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.