WINTON GROUP Ltd Buys 33,635 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

WINTON GROUP Ltd lifted its position in Tripadvisor, Inc. (NASDAQ:TRIP) by 158.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,809 shares of the travel company’s stock after purchasing an additional 33,635 shares during the period. WINTON GROUP Ltd’s holdings in Tripadvisor were worth $810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC purchased a new position in shares of Tripadvisor in the third quarter valued at about $27,000. Bogart Wealth LLC purchased a new stake in Tripadvisor in the 4th quarter worth approximately $30,000. Blue Trust Inc. grew its position in shares of Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after buying an additional 1,543 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Tripadvisor by 204.7% during the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock valued at $54,000 after buying an additional 2,469 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in Tripadvisor in the fourth quarter worth $58,000. 98.99% of the stock is currently owned by institutional investors.

Tripadvisor Price Performance

TRIP opened at $14.09 on Friday. The company’s 50-day simple moving average is $15.87 and its two-hundred day simple moving average is $15.05. Tripadvisor, Inc. has a 52-week low of $12.93 and a 52-week high of $28.64. The stock has a market capitalization of $1.98 billion, a P/E ratio of 704.85, a P/E/G ratio of 9.01 and a beta of 1.35. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10.

Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The company had revenue of $411.00 million during the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. As a group, analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Tripadvisor from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Friday, February 21st. Cantor Fitzgerald cut their price objective on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a research report on Friday, February 21st. B. Riley decreased their target price on Tripadvisor from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, March 10th. StockNews.com upgraded Tripadvisor from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Finally, UBS Group reissued a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.57.

Tripadvisor Company 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.