Stifel Financial Corp reduced its position in Trivago N.V. ADS (NASDAQ:TRVG) by 5.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 140,953 shares of the technology company’s stock after selling 8,687 shares during the quarter. Stifel Financial Corp’s holdings in Trivago N.V. ADS were worth $3,330,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the company. Parametric Portfolio Associates LLC boosted its stake in shares of Trivago N.V. ADS by 104.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 25,197 shares of the technology company’s stock valued at $596,000 after purchasing an additional 12,860 shares during the last quarter. AO Asset Management LLC bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at $4,058,000. Northern Trust Corp bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at $897,000. D.A. Davidson & CO. bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at $190,000. Finally, Nationwide Fund Advisors bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at $1,549,000. 13.63% of the stock is currently owned by institutional investors.
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Trivago N.V. ADS (NASDAQ:TRVG) last released its quarterly earnings results on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The company had revenue of $298.30 million for the quarter, compared to analyst estimates of $293.16 million. The company’s revenue was up 66.6% on a year-over-year basis. On average, equities analysts predict that Trivago N.V. ADS will post $0.04 EPS for the current fiscal year.
A number of equities research analysts have recently commented on the stock. Morgan Stanley lowered shares of Trivago N.V. ADS from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $22.00 to $12.00 in a research note on Thursday, September 28th. J P Morgan Chase & Co lowered shares of Trivago N.V. ADS from an “overweight” rating to a “neutral” rating and set a $14.00 price objective on the stock. in a research note on Wednesday, September 27th. Citigroup Inc. reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Trivago N.V. ADS in a research note on Wednesday, September 20th. Zacks Investment Research raised shares of Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $15.00 price objective (down from $25.00) on shares of Trivago N.V. ADS in a research note on Thursday, September 7th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Trivago N.V. ADS has an average rating of “Hold” and an average target price of $17.64.
Trivago N.V. ADS Profile
Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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