RWC Asset Management LLP boosted its stake in Tripadvisor Inc (NASDAQ:TRIP) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 50,838 shares of the travel company’s stock after buying an additional 2,770 shares during the period. RWC Asset Management LLP’s holdings in Tripadvisor were worth $1,752,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TRIP. FNY Managed Accounts LLC purchased a new position in Tripadvisor in the 3rd quarter worth approximately $101,000. SeaCrest Wealth Management LLC purchased a new position in Tripadvisor in the 4th quarter worth approximately $104,000. NuWave Investment Management LLC purchased a new position in Tripadvisor in the 4th quarter worth approximately $116,000. Steward Partners Investment Advisory LLC increased its stake in Tripadvisor by 164.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,880 shares of the travel company’s stock worth $168,000 after purchasing an additional 3,037 shares during the period. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new position in Tripadvisor in the 4th quarter worth approximately $180,000. 90.33% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have commented on the company. BidaskClub raised Tripadvisor from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 7th. Zacks Investment Research cut Tripadvisor from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. ValuEngine cut Tripadvisor from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Oppenheimer reaffirmed a “hold” rating on shares of Tripadvisor in a research note on Thursday, January 25th. Finally, Cowen reaffirmed a “market perform” rating and issued a $40.00 price target (up from $30.00) on shares of Tripadvisor in a research note on Monday, November 27th. Eight equities research analysts have rated the stock with a sell rating and eighteen have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $39.42.

In other news, CFO Ernst 02494 Teunissen sold 9,457 shares of Tripadvisor stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total value of $378,280.00. Following the sale, the chief financial officer now directly owns 13,866 shares in the company, valued at approximately $554,640. The sale was disclosed in a filing with the SEC, which is available through this link. 1.09% of the stock is currently owned by company insiders.

Shares of Tripadvisor Inc (NASDAQ TRIP) opened at $37.71 on Tuesday. The firm has a market capitalization of $5,320.42, a P/E ratio of 55.52, a PEG ratio of 4.42 and a beta of 2.22. Tripadvisor Inc has a 1 year low of $29.50 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.47 and a quick ratio of 2.47.

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Tripadvisor Company Profile

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

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Institutional Ownership by Quarter for Tripadvisor (NASDAQ:TRIP)

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