Clark Estates Inc. NY Has $2.85 Million Stake in Tripadvisor, Inc. (NASDAQ:TRIP)

Clark Estates Inc. NY reduced its holdings in Tripadvisor, Inc. (NASDAQ:TRIP) by 10.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 193,173 shares of the travel company’s stock after selling 23,407 shares during the quarter. Clark Estates Inc. NY’s holdings in Tripadvisor were worth $2,853,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC bought a new position in shares of Tripadvisor in the 3rd quarter valued at about $27,000. Capital Performance Advisors LLP acquired a new position in Tripadvisor during the third quarter valued at approximately $28,000. Bogart Wealth LLC bought a new position in Tripadvisor in the fourth quarter valued at approximately $30,000. Blue Trust Inc. increased 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 worth $33,000 after purchasing an additional 1,543 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake 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 Down 4.2 %

TRIP stock opened at $13.79 on Wednesday. Tripadvisor, Inc. has a 52 week low of $12.93 and a 52 week high of $28.76. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The company’s 50-day simple moving average is $16.10 and its 200 day simple moving average is $15.04. The company has a market capitalization of $1.94 billion, a PE ratio of 689.84, a price-to-earnings-growth ratio of 9.01 and a beta of 1.34.

Tripadvisor (NASDAQ:TRIP) last announced its earnings results on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08). The business had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. As a group, sell-side analysts anticipate that Tripadvisor, Inc. will post 0.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TRIP shares. StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. UBS Group restated a “neutral” rating on shares of Tripadvisor in a research note on Tuesday, February 4th. JPMorgan Chase & Co. upped their target price on shares of Tripadvisor from $14.00 to $15.00 and gave the company an “underweight” rating in a report on Friday, February 21st. B. Riley lifted their price target on Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Cantor Fitzgerald dropped their price objective on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a research note on Friday, February 21st. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Tripadvisor currently has a consensus 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.