3,000 Shares in Tripadvisor, Inc. (NASDAQ:TRIP) Bought by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC bought a new stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,000 shares of the travel company’s stock, valued at approximately $83,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TRIP. DekaBank Deutsche Girozentrale bought a new position in shares of Tripadvisor in the third quarter valued at approximately $34,000. International Assets Investment Management LLC grew its position in Tripadvisor by 2,053.0% in the 4th quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company’s stock worth $46,000 after purchasing an additional 2,053 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Tripadvisor by 52.6% during the 4th quarter. Quadrant Capital Group LLC now owns 2,497 shares of the travel company’s stock worth $54,000 after purchasing an additional 861 shares during the period. Tower Research Capital LLC TRC boosted its stake in Tripadvisor by 46.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,158 shares of the travel company’s stock valued at $111,000 after buying an additional 1,641 shares in the last quarter. Finally, CWM LLC grew its position in Tripadvisor by 40.4% in the fourth quarter. CWM LLC now owns 7,047 shares of the travel company’s stock valued at $152,000 after acquiring an additional 2,029 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Tripadvisor Price Performance

Shares of NASDAQ TRIP opened at $17.47 on Friday. The company has a fifty day moving average price of $20.23 and a 200 day moving average price of $22.69. The firm has a market cap of $2.43 billion, a PE ratio of 116.47, a PEG ratio of 1.58 and a beta of 1.44. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.08. Tripadvisor, Inc. has a 1-year low of $14.15 and a 1-year high of $28.76.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Wednesday, May 8th. The travel company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. The business had revenue of $395.00 million during the quarter, compared to the consensus estimate of $390.93 million. Tripadvisor had a return on equity of 12.03% and a net margin of 1.32%. Research analysts predict that Tripadvisor, Inc. will post 0.62 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wedbush reaffirmed a “neutral” rating and issued a $21.00 target price on shares of Tripadvisor in a report on Friday, May 24th. DA Davidson cut shares of Tripadvisor from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $31.00 to $20.00 in a research note on Thursday, May 9th. JPMorgan Chase & Co. cut their target price on shares of Tripadvisor from $25.00 to $17.00 and set an “underweight” rating for the company in a research note on Thursday, May 9th. The Goldman Sachs Group decreased their price target on Tripadvisor from $34.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, May 9th. Finally, Truist Financial lowered their price objective on Tripadvisor from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Thursday, May 30th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Tripadvisor has an average rating of “Hold” and a consensus target price of $21.76.

About Tripadvisor

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.