Macquarie May Have Just Upped Their Stakes in TripAdvisor (NASDAQ:TRIP)

May 16, 2018 - By Louis Casey

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It increased, as 58 investors sold TripAdvisor, Inc. shares while 73 reduced holdings. 47 funds opened positions while 116 raised stakes. 115.06 million shares or 4.24% less from 120.15 million shares in 2017Q3 were reported.

M&T Bancorporation Corporation invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Employees Retirement Association Of Colorado reported 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Tower Llc (Trc) invested in 0.05% or 10,207 shares. Utah Retirement stated it has 20,061 shares. Dupont Capital Mngmt Corp has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Howe & Rusling reported 37 shares. British Columbia Invest Mgmt Corp has 20,188 shares. Tci Wealth Advisors has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Moreover, California Public Employees Retirement Systems has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 223,964 shares. Aperio Grp Lc has 32,428 shares for 0.01% of their portfolio. Assetmark owns 0% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 22 shares. Benjamin F Edwards And Inc stated it has 40 shares or 0% of all its holdings. Norinchukin Bankshares The owns 8,669 shares. Bnp Paribas Arbitrage invested 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Panagora Asset Inc stated it has 15,441 shares or 0% of all its holdings.

Since December 18, 2017, it had 0 buys, and 3 sales for $1.51 million activity. The insider Halpin Dermot sold 26,313 shares worth $1.12M. TEUNISSEN ERNST 02494 also sold $378,280 worth of TripAdvisor, Inc. (NASDAQ:TRIP) shares.

TripAdvisor (NASDAQ:TRIP) Stock Upgrade

TripAdvisor (NASDAQ:TRIP)‘s stock was increased to a solid “Outperform” by equity analysts at Macquarie. TRIP’s past “Underperform” rating is has been discontinued by the brokerage firm.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 10 analysts covering TripAdvisor (NASDAQ:TRIP), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. TripAdvisor has $4800 highest and $37.0 lowest target. $42.60’s average target is -12.54% below currents $48.71 stock price. TripAdvisor had 12 analyst reports since November 27, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, May 8 by Deutsche Bank. The firm has “Hold” rating given on Friday, February 16 by Susquehanna. The firm has “Hold” rating given on Thursday, February 15 by SunTrust. The rating was maintained by Wedbush with “Hold” on Thursday, May 10. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Market Perform” rating by Cowen & Co on Monday, November 27. On Monday, February 5 the stock rating was maintained by SunTrust with “Hold”. The stock has “Hold” rating by Barclays Capital on Friday, February 16. RBC Capital Markets maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Thursday, February 15 with “Hold” rating. The firm earned “Hold” rating on Thursday, February 15 by Stifel Nicolaus.

The stock increased 0.70% or $0.34 during the last trading session, reaching $48.71. About 3.21M shares traded or 23.75% up from the average. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 5.46% since May 17, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on August, 14. They expect $0.25 earnings per share, 0.00 % or $0.00 from last year’s $0.25 per share. TRIP’s profit will be $34.35M for 48.71 P/E if the $0.25 EPS becomes a reality. After $0.09 actual earnings per share reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts 177.78 % EPS growth.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $6.69 billion. The firm operates through two divisions, Hotel and Non-Hotel. It currently has negative earnings. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, activities and attractions, and restaurant reservations.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Forbes.com which released: “After A Decent Start To The Year, What We Expect From TripAdvisor In 2018” on May 16, 2018, also Seekingalpha.com with their article: “TripAdvisor’s Narrative Is Changing” published on May 16, 2018, Seekingalpha.com published: “A Bet On TripAdvisor Would Be Ill-Advised” on April 26, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Seekingalpha.com and their article: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018 as well as Prnewswire.com‘s news article titled: “TripAdvisor Joins the Yext PowerListings® Network” with publication date: May 16, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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