Rhumbline Advisers grew its position in Travelport Worldwide Limited (NYSE:TVPT) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,242 shares of the company’s stock after buying an additional 17,827 shares during the quarter. Rhumbline Advisers owned approximately 0.12% of Travelport Worldwide Limited worth $2,054,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. BlackRock Inc. boosted its holdings in shares of Travelport Worldwide Limited by 52,255.3% during the first quarter. BlackRock Inc. now owns 7,939,686 shares of the company’s stock worth $93,451,000 after purchasing an additional 7,924,521 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Travelport Worldwide Limited by 14.8% during the first quarter. Vanguard Group Inc. now owns 5,172,078 shares of the company’s stock worth $60,876,000 after purchasing an additional 668,517 shares during the period. Edge Asset Management Inc. boosted its holdings in shares of Travelport Worldwide Limited by 14.1% during the first quarter. Edge Asset Management Inc. now owns 4,821,828 shares of the company’s stock worth $56,754,000 after purchasing an additional 594,196 shares during the period. FIL Ltd boosted its holdings in shares of Travelport Worldwide Limited by 30.1% during the first quarter. FIL Ltd now owns 2,698,734 shares of the company’s stock worth $31,764,000 after purchasing an additional 624,006 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Travelport Worldwide Limited by 22.7% during the first quarter. Principal Financial Group Inc. now owns 2,668,294 shares of the company’s stock worth $31,406,000 after purchasing an additional 493,455 shares during the period. Institutional investors own 96.24% of the company’s stock.

Shares of Travelport Worldwide Limited (NYSE TVPT) opened at 15.56 on Friday. The company’s 50 day moving average is $14.69 and its 200 day moving average is $13.51. Travelport Worldwide Limited has a 12-month low of $11.38 and a 12-month high of $15.86. The firm has a market capitalization of $1.94 billion, a PE ratio of 18.61 and a beta of 0.60.

Travelport Worldwide Limited (NYSE:TVPT) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.26. Travelport Worldwide Limited had a negative return on equity of 50.52% and a net margin of 4.42%. The business had revenue of $612.10 million during the quarter, compared to analyst estimates of $618.27 million. During the same period in the previous year, the firm earned $0.28 EPS. Travelport Worldwide Limited’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, analysts forecast that Travelport Worldwide Limited will post $1.37 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be given a $0.075 dividend. The ex-dividend date is Wednesday, September 6th. This represents a $0.30 annualized dividend and a dividend yield of 1.93%. Travelport Worldwide Limited’s dividend payout ratio is presently 35.29%.

Several analysts recently commented on the stock. ValuEngine upgraded shares of Travelport Worldwide Limited from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Travelport Worldwide Limited from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Cowen and Company set a $16.00 price target on shares of Travelport Worldwide Limited and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Travelport Worldwide Limited from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a report on Thursday, August 10th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Travelport Worldwide Limited currently has an average rating of “Buy” and a consensus price target of $15.38.

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Travelport Worldwide Limited Profile

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

Institutional Ownership by Quarter for Travelport Worldwide Limited (NYSE:TVPT)

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