Today, 277 Shares of TripAdvisor Inc. (TRIP) are sold by Tokio Marine Asset Management Co. Ltd.

Today, 277 Shares of TripAdvisor Inc. (TRIP) are sold by Tokio Marine Asset Management Co. Ltd.
Tokio Marine Asset Management Co. Ltd. reduced its stake in shares of TripAdvisor Inc. (NASDAQ:TRIP) by 6.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,981 shares of the travel company’s stock after selling 277 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in TripAdvisor were worth $252,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in TRIP. Mizuho Asset Management Co. Ltd. boosted its position in shares of TripAdvisor by 125.9% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,875 shares of the travel company’s stock valued at $121,000 after buying an additional 1,045 shares during the period. MSI Financial Services Inc boosted its position in shares of TripAdvisor by 0.3% in the third quarter. MSI Financial Services Inc now owns 2,387 shares of the travel company’s stock valued at $151,000 after buying an additional 6 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of TripAdvisor by 3,544.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,624 shares of the travel company’s stock valued at $169,000 after buying an additional 2,552 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in shares of TripAdvisor by 2.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 3,012 shares of the travel company’s stock valued at $174,000 after buying an additional 84 shares during the period. Finally, National Planning Corp bought a new position in shares of TripAdvisor during the second quarter valued at $221,000. Institutional investors own 89.10% of the company’s stock.

TripAdvisor Inc. (NASDAQ:TRIP) remained flat at $50.79 during mid-day trading on Thursday. The company had a trading volume of 1,060,034 shares. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 61.05 and a beta of 2.31. The company’s 50-day moving average is $59.47 and its 200 day moving average is $63.39. TripAdvisor Inc. has a 1-year low of $48.52 and a 1-year high of $87.50.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Tuesday, November 8th. The travel company reported $0.53 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.53. The business earned $421 million during the quarter, compared to the consensus estimate of $436.31 million. TripAdvisor had a net margin of 8.08% and a return on equity of 12.67%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.53 earnings per share. On average, analysts expect that TripAdvisor Inc. will post $1.54 EPS for the current year.

Several equities analysts have recently weighed in on TRIP shares. Oppenheimer Holdings Inc. reiterated a “” rating on shares of TripAdvisor in a research report on Friday, August 5th. Credit Suisse Group AG restated a “buy” rating and set a $73.00 target price on shares of TripAdvisor in a research report on Friday, August 5th. Jefferies Group reduced their target price on TripAdvisor from $68.00 to $59.00 and set a “buy” rating for the company in a research report on Thursday, November 10th. Barclays PLC restated an “equal weight” rating and set a $57.00 target price (down from $67.00) on shares of TripAdvisor in a research report on Friday, November 11th. Finally, Pacific Crest restated a “hold” rating on shares of TripAdvisor in a research report on Friday, August 5th. Three analysts have rated the stock with a sell rating, twenty have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $63.08.

In other TripAdvisor news, Viator CEO Barrie Seidenberg sold 4,274 shares of the firm’s stock in a transaction dated Monday, September 26th. The shares were sold at an average price of $60.77, for a total value of $259,730.98. Following the completion of the sale, the insider now owns 286 shares of the company’s stock, valued at $17,380.22. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Seth J. Kalvert sold 1,687 shares of the firm’s stock in a transaction dated Wednesday, September 21st. The stock was sold at an average price of $60.50, for a total transaction of $102,063.50. Following the completion of the sale, the senior vice president now directly owns 10,653 shares of the company’s stock, valued at approximately $644,506.50. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by company insiders.

TripAdvisor Company Profile

TripAdvisor, Inc is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Company operates in two segments. The Hotel segment’s services include making hotel room nights available for price comparison and booking, including instant booking feature, as well as subscription-based hotel products, such as Business Listings, and transaction-based hotel products, such as Jetsetter and Tingo.

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