Tripadvisor Inc. (TRIP)

Natixis Advisors L.P. Acquires New Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Natixis Advisors L.P. bought a new position in Tripadvisor, Inc. (NASDAQ:TRIP – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 16,384 shares of the travel company’s stock, valued at approximately $352,000. A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale bought a new stake in Tripadvisor during the 3rd quarter worth approximately $34,000. International Assets Investment Management LLC boosted its stake in shares of Tripadvisor by 2,053.0% during the 4th quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company’s stock worth $46,000 after buying an additional 2,053 shares during the last quarter. CWM LLC grew its holdings in shares of Tripadvisor by 40.4% in the 4th 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 in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Tripadvisor in the fourth quarter valued at about $173,000. Finally, CIBC Asset Management Inc acquired a new position in Tripadvisor during the third quarter valued at approximately $181,000. 98.99% of the stock is owned by institutional investors. Analysts Set New Price Targets A number of brokerages have recently issued reports on TRIP. StockNews.com upgraded Tripadvisor from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. B. Riley reissued a “buy” rating and issued a $34.00 price objective (up previously from $27.00) on shares of Tripadvisor in a research report on Friday, February 16th. The Goldman Sachs Group lowered their price objective on shares of Tripadvisor from $34.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th. Citigroup raised their target price on shares of Tripadvisor from $23.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, April 17th. Finally, UBS Group lowered their price target on Tripadvisor from $27.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, May 9th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.18. Read Our Latest Research Report on Tripadvisor Tripadvisor Price Performance Shares of Tripadvisor stock opened at $18.10 on Monday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 120.67, a price-to-earnings-growth ratio of 1.49 and a beta of 1.56. Tripadvisor, Inc. has a twelve month low of $14.15 and a twelve month high of $28.76. The company has a 50-day simple moving average of $25.50 and a two-hundred day simple moving average of $22.73. About Tripadvisor (Free Report) 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. Read More Five stocks we like better than Tripadvisor Why is the Ex-Dividend Date Significant to Investors? MarketBeat Week in Review – 5/13 – 5/17 How to Invest in the Best Canadian Stocks Take-Two Interactive Software Offers 2nd Chance for Investors When to Sell a Stock for Profit or Loss Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook