Traders Sell Shares of TripAdvisor, Inc. (TRIP) on Strength (TRIP)

Traders sold shares of TripAdvisor, Inc. (NASDAQ:TRIP) on strength during trading hours on Wednesday. $39.90 million flowed into the stock on the tick-up and $56.93 million flowed out of the stock on the tick-down, for a money net flow of $17.03 million out of the stock. Of all equities tracked, TripAdvisor had the 26th highest net out-flow for the day. TripAdvisor traded up $1.38 for the day and closed at $34.19

A number of equities analysts have issued reports on the company. Bank of America Corporation reiterated an “underperform” rating and issued a $30.00 price objective (down previously from $35.00) on shares of TripAdvisor in a report on Wednesday, August 9th. UBS AG reiterated a “neutral” rating and issued a $43.00 price objective (down previously from $50.00) on shares of TripAdvisor in a report on Thursday, August 10th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $32.00 price objective (down previously from $40.00) on shares of TripAdvisor in a report on Thursday, August 10th. Stifel Nicolaus reiterated a “hold” rating and issued a $40.00 price objective (down previously from $45.00) on shares of TripAdvisor in a report on Thursday, August 10th. Finally, Barclays PLC reiterated a “hold” rating and issued a $47.00 price objective on shares of TripAdvisor in a report on Wednesday, August 9th. Eight investment analysts have rated the stock with a sell rating and twenty have assigned a hold rating to the company’s stock. TripAdvisor currently has a consensus rating of “Hold” and an average price target of $40.05.

The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. The company has a market capitalization of $4,750.00, a price-to-earnings ratio of 44.17, a price-to-earnings-growth ratio of 2.47 and a beta of 2.33.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.36. TripAdvisor had a return on equity of 6.81% and a net margin of 4.26%. The company had revenue of $439.00 million for the quarter, compared to the consensus estimate of $451.27 million. During the same quarter in the prior year, the company earned $0.53 earnings per share. TripAdvisor’s revenue was up 4.3% on a year-over-year basis. equities analysts forecast that TripAdvisor, Inc. will post 0.69 EPS for the current year.

Hedge funds have recently bought and sold shares of the business. Neuberger Berman Group LLC bought a new position in shares of TripAdvisor in the second quarter worth about $19,979,000. Hosking Partners LLP raised its stake in shares of TripAdvisor by 1.6% in the second quarter. Hosking Partners LLP now owns 197,913 shares of the travel company’s stock worth $7,560,000 after buying an additional 3,178 shares during the period. Federated Investors Inc. PA raised its stake in shares of TripAdvisor by 1,052.0% in the second quarter. Federated Investors Inc. PA now owns 26,760 shares of the travel company’s stock worth $1,022,000 after buying an additional 24,437 shares during the period. State of Wisconsin Investment Board raised its stake in shares of TripAdvisor by 22.7% in the second quarter. State of Wisconsin Investment Board now owns 90,133 shares of the travel company’s stock worth $3,443,000 after buying an additional 16,670 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of TripAdvisor in the third quarter worth about $927,000. 90.32% of the stock is currently owned by institutional investors.

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About TripAdvisor

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

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