As Travelport Worldwide LTD (TVPT) Market Value Declined, Aristotle Fund LP Has Raised by $4.56 Million Its Position

August 11, 2017 - By Adrian Mccoy

Aristotle Fund Lp increased its stake in Travelport Worldwide Ltd. (TVPT) by 33.2% based on its latest 2016Q4 regulatory filing with the SEC. Aristotle Fund Lp bought 326,000 shares as the company’s stock declined 3.82% while stock markets rallied. The hedge fund held 1.31 million shares of the transportation services company at the end of 2016Q4, valued at $18.44M, up from 982,000 at the end of the previous reported quarter. Aristotle Fund Lp who had been investing in Travelport Worldwide Ltd. for a number of months, seems to be bullish on the $1.77B market cap company. The stock rose 0.35% or $0.05 reaching $14.21 per share. About 626,886 shares traded. Travelport Worldwide Ltd (NYSE:TVPT) has risen 5.67% since August 11, 2016 and is uptrending. It has underperformed by 11.03% the S&P500.

More recent Travelport Worldwide Ltd (NYSE:TVPT) news were published by: Twst.com which released: “Travelport Worldwide Limited: Travelport and Mobacar extend partnership to …” on July 24, 2017. Also Prnewswire.com published the news titled: “Travelport Worldwide Limited Reports Second Quarter and Half Year 2017 Results” on August 03, 2017. Nasdaq.com‘s news article titled: “New South Capital Management Inc Buys LKQ Corp, Travelport Worldwide, iShares …” with publication date: August 07, 2017 was also an interesting one.

Travelport Worldwide Ltd (NYSE:TVPT) Ratings Coverage

Among 5 analysts covering Travelport Worldwide Limited (NYSE:TVPT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Travelport Worldwide Limited had 6 analyst reports since December 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, April 13 by Sterne Agee CRT. The company was initiated on Tuesday, December 22 by Suntrust Robinson. On Wednesday, June 28 the stock rating was maintained by Cowen & Co with “Buy”. On Monday, January 23 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Cowen & Co maintained Travelport Worldwide Ltd (NYSE:TVPT) on Wednesday, August 2 with “Buy” rating.

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