Cwm LLC Has $152,000 Position in Tripadvisor, Inc. (NASDAQ:TRIP)

Cwm LLC increased its stake in shares of Tripadvisor, Inc. (NASDAQ:TRIP) by 40.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,047 shares of the travel company’s stock after buying an additional 2,029 shares during the quarter. Cwm LLC’s holdings in Tripadvisor were worth $152,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TRIP. Arizona State Retirement System boosted its holdings in shares of Tripadvisor by 2.3% in the 3rd quarter. Arizona State Retirement System now owns 31,296 shares of the travel company’s stock valued at $519,000 after purchasing an additional 697 shares in the last quarter. Yousif Capital Management LLC boosted its holdings in shares of Tripadvisor by 2.1% in the 3rd quarter. Yousif Capital Management LLC now owns 53,244 shares of the travel company’s stock valued at $883,000 after purchasing an additional 1,115 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Tripadvisor by 4.1% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 31,866 shares of the travel company’s stock valued at $528,000 after purchasing an additional 1,258 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in shares of Tripadvisor by 1.1% in the 4th quarter. New York State Teachers Retirement System now owns 130,532 shares of the travel company’s stock valued at $2,810,000 after purchasing an additional 1,370 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of 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 valued at $46,000 after purchasing an additional 2,053 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Tripadvisor Stock Performance

TRIP stock opened at $25.79 on Monday. The stock has a 50-day moving average price of $26.88 and a 200-day moving average price of $22.36. Tripadvisor, Inc. has a 1-year low of $14.15 and a 1-year high of $28.76. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 1.02. The firm has a market cap of $3.56 billion, a PE ratio of 429.83, a price-to-earnings-growth ratio of 1.62 and a beta of 1.56.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Wednesday, February 14th. The travel company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.14. Tripadvisor had a return on equity of 11.69% and a net margin of 0.56%. The firm had revenue of $390.00 million during the quarter, compared to analyst estimates of $372.93 million. As a group, equities research analysts expect that Tripadvisor, Inc. will post 0.88 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on TRIP. The Goldman Sachs Group raised their price objective on Tripadvisor from $23.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, February 20th. StockNews.com raised Tripadvisor from a “hold” rating to a “buy” rating in a report on Friday, February 23rd. TheStreet raised Tripadvisor from a “d+” rating to a “c” rating in a report on Wednesday, February 14th. Mizuho raised their price objective on Tripadvisor from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Finally, B. Riley reissued a “buy” rating and set a $34.00 price objective (up previously from $27.00) on shares of Tripadvisor in a report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Tripadvisor currently has an average rating of “Hold” and a consensus target price of $24.12.

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.