Zacks: Liberty Tripadvisor Holdings Inc Series A (LTRPA) Given $12.50 Consensus Price Target by Analysts

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) has been given an average broker rating score of 4.00 (Sell) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation and one has assigned a hold recommendation to the company.

Brokers have set a one year consensus price target of $12.50 for the company, according to Zacks. Zacks has also given Liberty Tripadvisor Holdings Inc Series A an industry rank of 106 out of 256 based on the ratings given to its competitors.

Several research analysts recently commented on the stock. ValuEngine cut shares of Liberty Tripadvisor Holdings Inc Series A from a “buy” rating to a “hold” rating in a report on Monday. BidaskClub cut shares of Liberty Tripadvisor Holdings Inc Series A from a “buy” rating to a “hold” rating in a report on Wednesday, March 6th.

Shares of Liberty Tripadvisor Holdings Inc Series A stock traded down $0.60 on Friday, hitting $11.73. The company had a trading volume of 283,476 shares, compared to its average volume of 401,666. Liberty Tripadvisor Holdings Inc Series A has a twelve month low of $11.70 and a twelve month high of $20.63. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.07.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last announced its earnings results on Tuesday, May 7th. The technology company reported ($0.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.08. Liberty Tripadvisor Holdings Inc Series A had a negative net margin of 2.17% and a negative return on equity of 0.94%. The business had revenue of $376.00 million during the quarter.

Hedge funds have recently made changes to their positions in the business. Metropolitan Life Insurance Co. NY lifted its stake in Liberty Tripadvisor Holdings Inc Series A by 362.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 24,105 shares of the technology company’s stock valued at $383,000 after acquiring an additional 18,889 shares during the last quarter. American Century Companies Inc. bought a new position in shares of Liberty Tripadvisor Holdings Inc Series A in the fourth quarter valued at about $2,037,000. Rhumbline Advisers raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 42.9% in the fourth quarter. Rhumbline Advisers now owns 102,903 shares of the technology company’s stock valued at $1,635,000 after purchasing an additional 30,914 shares during the period. Acadian Asset Management LLC raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 49.8% in the fourth quarter. Acadian Asset Management LLC now owns 30,555 shares of the technology company’s stock valued at $485,000 after purchasing an additional 10,151 shares during the period. Finally, Mackay Shields LLC raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 126.4% in the fourth quarter. Mackay Shields LLC now owns 41,200 shares of the technology company’s stock valued at $655,000 after purchasing an additional 23,000 shares during the period. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Liberty Tripadvisor Holdings Inc Series A Company Profile

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform provides consumer-generated content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants.

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