Future Financial Wealth Managment LLC Has $30,000 Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Future Financial Wealth Managment LLC lessened its stake in Tripadvisor, Inc. (NASDAQ:TRIP) by 33.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,000 shares of the travel company’s stock after selling 1,000 shares during the period. Future Financial Wealth Managment LLC’s holdings in Tripadvisor were worth $30,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. U S Global Investors Inc. increased its holdings in Tripadvisor by 71.8% in the third quarter. U S Global Investors Inc. now owns 1,512,548 shares of the travel company’s stock valued at $21,917,000 after purchasing an additional 632,353 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Tripadvisor by 4.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,199,339 shares of the travel company’s stock worth $17,378,000 after purchasing an additional 55,115 shares during the period. Victory Capital Management Inc. boosted its position in shares of Tripadvisor by 214.8% during the second quarter. Victory Capital Management Inc. now owns 176,180 shares of the travel company’s stock worth $3,138,000 after purchasing an additional 120,209 shares in the last quarter. Boussard & Gavaudan Investment Management LLP acquired a new position in Tripadvisor in the third quarter valued at about $5,159,000. Finally, Confluence Investment Management LLC increased its stake in Tripadvisor by 43.6% during the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company’s stock worth $3,454,000 after purchasing an additional 70,960 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Cantor Fitzgerald reduced their target price on shares of Tripadvisor from $12.00 to $11.00 and set an “underweight” rating for the company in a research note on Thursday, November 7th. StockNews.com cut Tripadvisor from a “buy” rating to a “hold” rating in a research note on Thursday. B. Riley raised their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Wedbush reissued a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, UBS Group cut their price objective on Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Tripadvisor has an average rating of “Hold” and a consensus target price of $17.50.

Tripadvisor Trading Up 0.8 %

Shares of TRIP stock traded up $0.12 during mid-day trading on Monday, hitting $14.32. The company’s stock had a trading volume of 1,323,657 shares, compared to its average volume of 2,174,038. The company has a market cap of $2.00 billion, a PE ratio of 62.26, a P/E/G ratio of 9.35 and a beta of 1.33. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. The company’s fifty day simple moving average is $14.43 and its 200-day simple moving average is $15.09. Tripadvisor, Inc. has a 52 week low of $12.93 and a 52 week high of $28.76.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The business had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $527.86 million. During the same period last year, the company posted $0.35 earnings per share. The business’s quarterly revenue was down .2% on a year-over-year basis. As a group, equities research analysts expect that Tripadvisor, Inc. will post 0.37 earnings per share for the current fiscal year.

Tripadvisor 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.