Parametric Portfolio Associates LLC bought a new stake in Trivago N.V. ADS (NASDAQ:TRVG) during the first quarter, Holdings Channel reports. The fund bought 12,337 shares of the technology company’s stock, valued at approximately $161,000.

Other hedge funds have also recently bought and sold shares of the company. Sei Investments Co. purchased a new stake in Trivago N.V. ADS during the first quarter valued at about $179,000. Macquarie Group Ltd. purchased a new stake in Trivago N.V. ADS during the fourth quarter valued at about $246,000. First Foundation Advisors purchased a new stake in Trivago N.V. ADS during the first quarter valued at about $521,000. TD Asset Management Inc. purchased a new stake in Trivago N.V. ADS during the first quarter valued at about $898,000. Finally, Kornitzer Capital Management Inc. KS boosted its stake in Trivago N.V. ADS by 4.8% in the first quarter. Kornitzer Capital Management Inc. KS now owns 104,810 shares of the technology company’s stock valued at $1,366,000 after buying an additional 4,810 shares in the last quarter. Institutional investors and hedge funds own 11.69% of the company’s stock.

Trivago N.V. ADS (NASDAQ TRVG) opened at 16.60 on Wednesday. The stock has a 50 day moving average of $21.61 and a 200-day moving average of $16.29. The company has a market cap of $3.97 billion and a price-to-earnings ratio of 572.41. Trivago N.V. ADS has a one year low of $10.88 and a one year high of $24.27.

Trivago N.V. ADS (NASDAQ:TRVG) last released its earnings results on Friday, August 4th. The technology company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by $0.02. The firm had revenue of $298.30 million for the quarter, compared to analysts’ expectations of $293.16 million. The company’s quarterly revenue was up 66.6% on a year-over-year basis. On average, equities analysts predict that Trivago N.V. ADS will post $0.12 EPS for the current fiscal year.

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Several analysts have issued reports on the stock. Citigroup Inc. lowered their target price on shares of Trivago N.V. ADS from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday. Wells Fargo & Company reiterated a “hold” rating on shares of Trivago N.V. ADS in a research note on Thursday, July 27th. Zacks Investment Research cut shares of Trivago N.V. ADS from a “buy” rating to a “hold” rating in a research note on Wednesday, May 24th. Deutsche Bank AG reiterated 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. Finally, ValuEngine upgraded shares of Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Eight 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 currently has a consensus rating of “Hold” and an average price target of $20.91.

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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