Future Financial Wealth Managment LLC Lowers Stock Holdings in Tripadvisor, Inc. (NASDAQ:TRIP)

Future Financial Wealth Managment LLC trimmed its holdings in Tripadvisor, Inc. (NASDAQ:TRIP) by 33.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC acquired a new position in shares of Tripadvisor in the 3rd quarter valued at about $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Tripadvisor in the third quarter worth $28,000. Quest Partners LLC raised its stake in shares of Tripadvisor by 14,244.4% in the 2nd quarter. Quest Partners LLC now owns 2,582 shares of the travel company’s stock valued at $46,000 after acquiring an additional 2,564 shares during the period. GAMMA Investing LLC lifted 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 valued at $54,000 after acquiring an additional 2,469 shares in the last quarter. Finally, KBC Group NV boosted its position in Tripadvisor by 65.3% during the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock worth $65,000 after purchasing an additional 1,777 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Tripadvisor Stock Up 0.8 %

NASDAQ TRIP traded up $0.12 on Monday, reaching $14.32. The stock had a trading volume of 1,323,657 shares, compared to its average volume of 2,174,038. The business has a 50 day moving average price of $14.43 and a 200 day moving average price of $15.09. Tripadvisor, Inc. has a 1 year low of $12.93 and a 1 year high of $28.76. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 62.26, a P/E/G ratio of 9.35 and a beta of 1.33. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93.

Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. The company had revenue of $532.00 million during the quarter, compared to the consensus estimate of $527.86 million. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 earnings per share. On average, analysts forecast that Tripadvisor, Inc. will post 0.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. TD Cowen boosted their price target on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. B. Riley increased their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Cantor Fitzgerald reduced their price target 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 lowered Tripadvisor from a “buy” rating to a “hold” rating in a report on Thursday. Finally, DA Davidson restated a “neutral” rating and issued a $16.00 price target on shares of Tripadvisor in a research report on Thursday, December 19th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.50.

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.