US Bancorp DE bought a new stake in Trivago N.V. ADS (NASDAQ:TRVG) during the second quarter, Holdings Channel reports. The fund bought 67,495 shares of the technology company’s stock, valued at approximately $1,596,000.

Other hedge funds have also bought and sold shares of the company. Creative Planning boosted its stake in Trivago N.V. ADS by 87.1% in the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock valued at $103,000 after buying an additional 2,030 shares during the last quarter. Independent Portfolio Consultants Inc. acquired a new stake in Trivago N.V. ADS during the second quarter valued at about $190,000. Rehmann Capital Advisory Group acquired a new stake in Trivago N.V. ADS during the second quarter valued at about $251,000. Parametric Portfolio Associates LLC acquired a new stake in Trivago N.V. ADS during the first quarter valued at about $161,000. Finally, Sei Investments Co. acquired a new stake in Trivago N.V. ADS during the first quarter valued at about $179,000. 11.85% of the stock is currently owned by institutional investors.

Shares of Trivago N.V. ADS (NASDAQ TRVG) traded down 18.60% during mid-day trading on Friday, reaching $17.42. 8,792,151 shares of the company’s stock traded hands. The firm has a market capitalization of $4.17 billion and a price-to-earnings ratio of 622.14. Trivago N.V. ADS has a 12-month low of $10.88 and a 12-month high of $24.27. The stock has a 50-day moving average price of $21.49 and a 200 day moving average price of $16.20.

Trivago N.V. ADS (NASDAQ:TRVG) last issued its earnings results on Friday, August 4th. The technology company reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by $0.02. The business had revenue of $298.30 million for the quarter, compared to analyst estimates of $293.16 million. The business’s quarterly revenue was up 66.6% compared to the same quarter last year. Analysts anticipate that Trivago N.V. ADS will post $0.12 EPS for the current fiscal year.

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Several research firms recently issued reports on TRVG. Wells Fargo & Company reissued a “hold” rating on shares of Trivago N.V. ADS in a research note on Thursday, July 27th. Deutsche Bank AG reissued a “hold” rating and issued a $24.00 target price (up from $19.00) on shares of Trivago N.V. ADS in a research note on Wednesday, July 26th. Zacks Investment Research cut Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Cowen and Company reissued a “hold” rating and issued a $20.00 target price on shares of Trivago N.V. ADS in a research note on Tuesday, July 11th. Finally, ValuEngine raised Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Trivago N.V. ADS presently has a consensus rating of “Hold” and an average price target of $21.10.

About Trivago N.V. ADS

Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.

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Institutional Ownership by Quarter for Trivago N.V. ADS (NASDAQ:TRVG)

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