GAMMA Investing LLC Has $54,000 Stock Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

GAMMA Investing LLC boosted its holdings in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 204.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,675 shares of the travel company’s stock after acquiring an additional 2,469 shares during the period. GAMMA Investing LLC’s holdings in Tripadvisor were worth $54,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Pacer Advisors Inc. grew its stake in shares of Tripadvisor by 167.6% in the 3rd quarter. Pacer Advisors Inc. now owns 5,067,733 shares of the travel company’s stock worth $73,431,000 after acquiring an additional 3,173,817 shares in the last quarter. River Road Asset Management LLC grew its stake in shares of Tripadvisor by 33.3% in the 3rd quarter. River Road Asset Management LLC now owns 3,670,063 shares of the travel company’s stock worth $53,179,000 after acquiring an additional 917,689 shares in the last quarter. State Street Corp grew its stake in shares of Tripadvisor by 1.0% in the 3rd quarter. State Street Corp now owns 3,457,661 shares of the travel company’s stock worth $50,102,000 after acquiring an additional 33,809 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Tripadvisor by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 2,733,746 shares of the travel company’s stock valued at $48,686,000 after buying an additional 95,138 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its position in Tripadvisor by 15.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 2,566,342 shares of the travel company’s stock valued at $37,186,000 after buying an additional 334,961 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. StockNews.com lowered shares of Tripadvisor from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. DA Davidson restated a “neutral” rating and set a $16.00 price target on shares of Tripadvisor in a research report on Thursday, December 19th. TD Cowen increased their price target on shares of Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. B. Riley increased their price target on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Wedbush reiterated a “neutral” rating and set a $17.00 target price on shares of Tripadvisor in a research report on Thursday, December 19th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $17.50.

Tripadvisor Price Performance

TRIP stock opened at $14.34 on Tuesday. The firm has a 50 day moving average of $14.39 and a 200-day moving average of $15.07. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. Tripadvisor, Inc. has a 12 month low of $12.93 and a 12 month high of $28.76. The firm has a market capitalization of $2.00 billion, a P/E ratio of 62.35, a price-to-earnings-growth ratio of 9.35 and a beta of 1.33.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The company had revenue of $532.00 million during the quarter, compared to analyst estimates of $527.86 million. During the same period last year, the business earned $0.35 earnings per share. Tripadvisor’s revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that Tripadvisor, Inc. will post 0.37 earnings per share for the current fiscal year.

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.