trivago (NASDAQ:TRVG) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of trivago (NASDAQ:TRVG) from a buy rating to a hold rating in a research report report published on Friday morning.

A number of other analysts have also recently commented on TRVG. Citigroup cut their target price on trivago from $6.25 to $5.80 in a research report on Friday, September 8th. DA Davidson reduced their target price on trivago from $6.75 to $6.50 and set a neutral rating on the stock in a research note on Thursday, August 3rd. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $7.76.

trivago Stock Down 0.4 %

TRVG stock opened at $2.80 on Friday. The business has a fifty day moving average of $5.10 and a two-hundred day moving average of $5.78. The stock has a market cap of $956.98 million, a price-to-earnings ratio of -5.60 and a beta of 1.68. trivago has a 52-week low of $2.65 and a 52-week high of $10.15.

trivago Announces Dividend

The company also recently announced a — dividend, which was paid on Monday, November 13th. Investors of record on Friday, November 3rd were issued a $2.8138 dividend. The ex-dividend date was Tuesday, November 14th.

Institutional Trading of trivago

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Two Sigma Investments LP bought a new stake in trivago during the fourth quarter worth about $28,000. Bank of America Corp DE increased its position in shares of trivago by 11,846.0% during the first quarter. Bank of America Corp DE now owns 11,946 shares of the technology company’s stock worth $28,000 after acquiring an additional 11,846 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in trivago in the first quarter valued at $28,000. Vanguard Personalized Indexing Management LLC grew its position in trivago by 89.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,981 shares of the technology company’s stock valued at $31,000 after purchasing an additional 9,910 shares in the last quarter. Finally, Jane Street Group LLC grew its position in trivago by 160.0% in the third quarter. Jane Street Group LLC now owns 27,783 shares of the technology company’s stock valued at $32,000 after purchasing an additional 17,099 shares in the last quarter. 10.33% of the stock is currently owned by institutional investors and hedge funds.

About trivago

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides travel search for different types of accommodations, such as hotels, vacation rentals, and private apartments; and enable advertiser access through website and apps.