Ashburton Jersey Ltd Sells 2,826 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Ashburton Jersey Ltd lessened its position in Tripadvisor, Inc. (NASDAQ:TRIP) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,456 shares of the travel company’s stock after selling 2,826 shares during the period. Ashburton Jersey Ltd’s holdings in Tripadvisor were worth $583,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. River Road Asset Management LLC increased its position in shares of Tripadvisor by 1.3% in the 4th quarter. River Road Asset Management LLC now owns 3,715,961 shares of the travel company’s stock valued at $54,885,000 after buying an additional 45,898 shares in the last quarter. State Street Corp grew its stake in Tripadvisor by 1.0% in the third quarter. State Street Corp now owns 3,457,661 shares of the travel company’s stock valued at $50,102,000 after acquiring an additional 33,809 shares during the period. Geode Capital Management LLC increased its holdings in shares of Tripadvisor by 1.0% in the third quarter. Geode Capital Management LLC now owns 1,822,913 shares of the travel company’s stock worth $26,421,000 after acquiring an additional 18,059 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Tripadvisor by 18.5% during the 4th quarter. Alliancebernstein L.P. now owns 1,813,449 shares of the travel company’s stock valued at $26,785,000 after purchasing an additional 282,851 shares in the last quarter. Finally, U S Global Investors Inc. grew its position in shares of Tripadvisor by 2.0% in the 4th quarter. U S Global Investors Inc. now owns 1,543,056 shares of the travel company’s stock valued at $22,791,000 after purchasing an additional 30,508 shares during the period. Institutional investors own 98.99% of the company’s stock.

Tripadvisor Price Performance

Shares of TRIP opened at $11.69 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The company’s fifty day simple moving average is $15.55 and its 200 day simple moving average is $15.05. Tripadvisor, Inc. has a 1-year low of $11.49 and a 1-year high of $27.63. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 584.79, a PEG ratio of 9.01 and a beta of 1.35.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings data 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 firm had revenue of $411.00 million during the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. On average, research analysts forecast that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

TRIP has been the topic of several research analyst reports. UBS Group restated a “neutral” rating on shares of Tripadvisor in a report on Tuesday, February 4th. DA Davidson restated a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a report on Thursday, February 20th. Cantor Fitzgerald lowered their target price on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Friday, February 21st. JPMorgan Chase & Co. lifted their price target on Tripadvisor from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Friday, February 21st. Finally, Wedbush reiterated a “neutral” rating and set a $17.00 price objective on shares of Tripadvisor in a report on Thursday, December 19th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $17.57.

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.