Tripadvisor, Inc. (NASDAQ:TRIP) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,605 shares of the travel company’s stock after selling 798 shares during the period. Yousif Capital Management LLC’s holdings in Tripadvisor were worth $615,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TRIP. True Wealth Design LLC acquired a new stake in shares of Tripadvisor during the 3rd quarter valued at approximately $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Tripadvisor during the 3rd quarter valued at approximately $28,000. Blue Trust Inc. increased its stake in shares of Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,543 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock worth $54,000 after purchasing an additional 2,469 shares in the last quarter. Finally, KBC Group NV increased its stake in shares of Tripadvisor by 65.3% during the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock worth $65,000 after purchasing an additional 1,777 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Tripadvisor Stock Up 0.3 %

Shares of NASDAQ TRIP opened at $17.81 on Monday. Tripadvisor, Inc. has a 52-week low of $12.93 and a 52-week high of $28.76. The firm has a fifty day moving average of $15.67 and a 200-day moving average of $14.96. The stock has a market capitalization of $2.48 billion, a PE ratio of 77.44, a P/E/G ratio of 9.54 and a beta of 1.34. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Wedbush reissued a “neutral” rating and set a $17.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. TD Cowen raised their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. UBS Group dropped their price objective on shares of Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. B. Riley raised their price objective on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, DA Davidson reissued a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Tripadvisor has an average rating of “Hold” and a consensus target price of $17.50.

Tripadvisor 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.