28 May, 2017
Piper Jaffray downgraded Tripadvisor Inc (NASDAQ:TRIP) on Thursday, March 2 to "Neutral" rating. California State Teachers Retirement System now owns 193,109 shares of the travel company's stock valued at $12,201,000 after buying an additional 2,100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Tripadvisor were worth $1,053,000 as of its most recent SEC filing.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. United Capital Financial Advisers LLC raised its position in shares of Tripadvisor by 0.7% in the first quarter. The stock is trading $43.50 its 50-day moving average by 3.68%. Municipal Employees Retirement System of MI increased its position in shares of Tripadvisor by 0.3% in the third quarter. Municipal Employees Retirement System of MI now owns 3,610 shares of the travel company's stock valued at $228,000 after buying an additional 10 shares during the period. Flinton Capital Management LLC acquired a new position in shares of Tripadvisor during the fourth quarter valued at $215,000. Brinker Capital Inc. raised its position in shares of Tripadvisor by 0.7% in the third quarter. Finally, Nordea Investment Management AB boosted its position in Tripadvisor by 3.5% in the first quarter. LS Investment Advisors LLC now owns 5,847 shares of the travel company's stock valued at $252,000 after buying an additional 1,141 shares in the last quarter. Royal Savings Bank Of Canada invested in 329,580 shares or 0.01% of the stock. Looking at this figure it suggests that the shares of TripAdvisor Inc.
Another critical number in evaluating a stock is P/E or the price to earnings ratio.
Stock is now moving with a negative distance from the 200 day simple moving average of approximately -23.26%, and has a poor year to date (YTD) performance of -14.13% which means the stock is constantly subtracting to its value from the previous fiscal year end price. (TRIP) now has a value of $39.82 while the company's 52 week low is at $39.93, the shares dropped to the 52 week low on 05/25/17. Moffett Nathanson initiated Tripadvisor Inc (NASDAQ:TRIP) rating on Tuesday, March 8. The company beat the analyst EPS Estimate with the difference of $-0.02.
TripAdvisor Inc. (TRIP) has a market capitalization of 5.62 Billion which suggests the company is a huge company further suggesting that the shares of TripAdvisor Inc. The company had revenue of $372 million for the quarter, compared to analysts' expectations of $376.67 million. The Logan Capital Management Inc holds 27,110 shares with $1.26 million value, down from 88,004 last quarter.
The company reported an impressive total revenue of 1.48 Billion in the last fiscal year.
A look at some of the inputs to technical analysis model shows how TripAdvisor, Inc. current price compares to its recent moving averages. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and global copyright and trademark law. The original version of this news story can be accessed at https://www.thestockobserver.com/2017/05/26/zurcher-kantonalbank-zurich-cantonalbank-has-1053000-stake-in-tripadvisor-inc-trip.html.
02/28/2017 - TripAdvisor, Inc. was downgraded to " by analysts at Needham & Company. The rating was downgraded by Macquarie Research to "Neutral" on Tuesday, October 27. Evercore ISI reiterated a "hold" rating and issued a $52.00 price target on shares of Tripadvisor in a report on Monday, February 13th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and set a $60.00 target price on shares of Tripadvisor in a research report on Monday, February 13th. Credit Suisse maintained it with "Outperform" rating and GBX 620 target in Wednesday, April 20 report. Six analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has given a buy rating to the company. They now have a Dollars 49 price target on the stock.
TripAdvisor, Inc. owns and operates a portfolio of online travel brands. Motley Fool Wealth Mgmt Ltd Limited Liability Company has invested 1.63% in Tripadvisor Inc (NASDAQ:TRIP). 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.
