Trading Report: The Ameriprise Financial Inc. decides to keep it stake in Liberty TripAdvisor Holdings Inc. (LTRPA) to the level of $7,000,000

The Ameriprise Financial Inc. decides to keep it stake in Liberty TripAdvisor Holdings Inc. (LTRPA) to the level of $7,000,000

Ameriprise Financial Inc. increased its stake in Liberty TripAdvisor Holdings Inc. (NASDAQ:LTRPA) by 62.8% during the second quarter, Holdings Channel reports. The firm owned 319,915 shares of the company’s stock after buying an additional 123,437 shares during the period. Ameriprise Financial Inc. owned approximately 0.43% of Liberty TripAdvisor Holdings worth $7,000,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Los Angeles Capital Management & Equity Research Inc. increased its position in Liberty TripAdvisor Holdings by 152.6% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 25,510 shares of the company’s stock valued at $558,000 after buying an additional 15,410 shares during the period. Airain ltd acquired a new position in shares of Liberty TripAdvisor Holdings during the second quarter valued at about $818,000. OTA Financial Group L.P. acquired a new position in shares of Liberty TripAdvisor Holdings during the second quarter valued at about $255,000. First Trust Advisors LP acquired a new position in shares of Liberty TripAdvisor Holdings during the second quarter valued at about $411,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in shares of Liberty TripAdvisor Holdings during the second quarter valued at about $217,000. Institutional investors and hedge funds own 94.98% of the company’s stock.

Shares of Liberty TripAdvisor Holdings Inc. (NASDAQ:LTRPA) traded down 1.40% during midday trading on Friday, hitting $21.84. The company had a trading volume of 491,756 shares. The stock’s 50-day moving average price is $21.33 and its 200-day moving average price is $21.90. Liberty TripAdvisor Holdings Inc. has a one year low of $17.23 and a one year high of $32.01. The stock’s market capitalization is $1.64 billion.

Separately, Zacks Investment Research upgraded Liberty TripAdvisor Holdings from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Wednesday, September 28th.

About Liberty TripAdvisor Holdings

Liberty TripAdvisor Holdings, Inc (TripCo) is a holding company. The Company, through its ownership of interests in subsidiaries and other companies, is engaged in the online travel research and online commerce industries. TripCo holds the subsidiaries TripAdvisor, Inc (TripAdvisor) and BuySeasons, Inc, which includes the retail businesses of BuyCostumes.com and Celebrate Express (BuySeasons), both of which operate as standalone operating entities.

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