Trade Report: Today, 93,281 Shares of TripAdvisor Inc. (TRIP) are sold by UBS Asset Management Americas Inc.

Today, 93,281 Shares of TripAdvisor Inc. (TRIP) are sold by UBS Asset Management Americas Inc.

UBS Asset Management Americas Inc. decreased its position in TripAdvisor Inc. (NASDAQ:TRIP) by 4.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,081,545 shares of the travel company’s stock after selling 93,281 shares during the period. UBS Asset Management Americas Inc. owned approximately 1.43% of TripAdvisor worth $131,512,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mizuho Asset Management Co. Ltd. raised its stake in TripAdvisor by 125.9% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,875 shares of the travel company’s stock worth $121,000 after buying an additional 1,045 shares during the last quarter. MSI Financial Services Inc raised its stake in TripAdvisor by 0.3% in the third quarter. MSI Financial Services Inc now owns 2,387 shares of the travel company’s stock worth $151,000 after buying an additional 6 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in 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 worth $169,000 after buying an additional 2,552 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in TripAdvisor by 2.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 3,012 shares of the travel company’s stock worth $174,000 after buying an additional 84 shares during the last quarter. Finally, Toronto Dominion Bank raised its stake in TripAdvisor by 416.5% in the third quarter. Toronto Dominion Bank now owns 3,383 shares of the travel company’s stock worth $214,000 after buying an additional 2,728 shares during the last quarter. Hedge funds and other institutional investors own 89.10% of the company’s stock.

TripAdvisor Inc. (NASDAQ:TRIP) traded up 0.93% during mid-day trading on Friday, reaching $51.26. The company’s stock had a trading volume of 292,768 shares. The firm has a 50-day moving average of $59.47 and a 200 day moving average of $63.39. TripAdvisor Inc. has a 1-year low of $48.52 and a 1-year high of $87.50. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 61.61 and a beta of 2.31.

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

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

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

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