SRS Capital Advisors Inc. Makes New Investment in Tripadvisor, Inc. (NASDAQ:TRIP)

SRS Capital Advisors Inc. bought a new position in shares of Tripadvisor, Inc. (NASDAQ:TRIP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,830 shares of the travel company’s stock, valued at approximately $71,000.

Several other hedge funds also recently made changes to their positions in TRIP. True Wealth Design LLC bought a new stake in shares of Tripadvisor in the third quarter valued at approximately $27,000. Capital Performance Advisors LLP acquired a new position in Tripadvisor in the 3rd quarter valued at $28,000. Bogart Wealth LLC bought a new stake in shares of Tripadvisor during the 4th quarter valued at $30,000. Blue Trust Inc. lifted its position in shares of Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after acquiring an additional 1,543 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock worth $54,000 after purchasing an additional 2,469 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Tripadvisor Trading Up 1.9 %

NASDAQ TRIP opened at $13.95 on Friday. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 697.85, a price-to-earnings-growth ratio of 9.01 and a beta of 1.34. Tripadvisor, Inc. has a twelve month low of $12.93 and a twelve month high of $28.76. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. The business’s fifty day moving average is $16.08 and its 200 day moving average is $15.03.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly 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). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The firm had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million. As a group, sell-side analysts expect that Tripadvisor, Inc. will post 0.46 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. DA Davidson reaffirmed a “neutral” rating and issued a $16.00 price target on shares of Tripadvisor in a research note on Thursday, February 20th. Cantor Fitzgerald cut their price target on shares of Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Friday, February 21st. UBS Group reiterated a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. StockNews.com upgraded shares of Tripadvisor from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Finally, B. Riley lifted their price target on Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $17.71.

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.