Harber Asset Management LLC Raised Tripadvisor INC (TRIP) Holding

January 22, 2018 - By Adrian Erickson

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.15, from 0.79 in 2017Q2. It increased, as 37 investors sold TRIP shares while 108 reduced holdings. 52 funds opened positions while 84 raised stakes. 120.15 million shares or 5.11% more from 114.31 million shares in 2017Q2 were reported. Los Angeles Cap & Equity Research reported 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Northern invested in 0.01% or 1.27 million shares. Lpl Finance Ltd invested 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Iridian Asset Limited Liability Com Ct reported 12,800 shares. Winslow Evans Crocker holds 400 shares or 0.01% of its portfolio. Utah Retirement has 20,261 shares for 0.02% of their portfolio. Toronto Dominion Savings Bank reported 41,394 shares. Old Mutual Customised Solutions (Proprietary) reported 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Contrarius Invest Management Ltd holds 2.8% or 1.18M shares. Marathon Ptnrs Equity Mgmt Limited Liability Corporation has 90,000 shares. Clearbridge Invs Ltd has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). The Alabama-based Retirement Of Alabama has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Arizona State Retirement has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 26,859 shares. State Teachers Retirement System invested in 0.02% or 184,685 shares. Metropolitan Life New York has invested 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP).

Since August 17, 2017, it had 0 buys, and 2 selling transactions for $514,535 activity. $502,598 worth of stock was sold by Halpin Dermot on Thursday, August 17.

Raymond J. Harbert increased its stake in Tripadvisor Inc (TRIP) by 49.9% based on its latest 2017Q3 regulatory filing with the SEC. Harber Asset Management Llc bought 114,048 shares as the company’s stock declined 6.33% while stock markets rallied. The hedge fund run by Raymond J. Harbert held 342,607 shares of the technology company at the end of 2017Q3, valued at $13.89 million, up from 228,559 at the end of the previous reported quarter. Harber Asset Management Llc who had been investing in Tripadvisor Inc for a number of months, seems to be bullish on the $5.15B market cap company. The stock increased 4.54% or $1.61 during the last trading session, reaching $37.06. About 1.46M shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 30.31% since January 22, 2017 and is downtrending. It has underperformed by 47.01% the S&P500.

Harber Asset Management Llc, which manages about $271.95M US Long portfolio, decreased its stake in Dollar Gen Corp New (NYSE:DG) by 48,651 shares to 74,567 shares, valued at $6.04M in 2017Q3, according to the filing. It also reduced its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 41,933 shares in the quarter, leaving it with 8,935 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Seekingalpha.com which released: “TripAdvisor: Why Would You Buy This?” on January 17, 2018, also Fool.com with their article: “Priceline Group Inc Should Acquire TripAdvisor Inc in 2018” published on January 11, 2018, Forbes.com published: “Looking Back On 2017: TripAdvisor And Sexual Assault” on December 29, 2017. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Fool.com and their article: “Why TripAdvisor Inc. Stock Gave Up 26% Last Year” published on January 08, 2018 as well as Fool.com‘s news article titled: “Why TripAdvisor, Inc. Could Be a Gold Mine for Value Investors” with publication date: January 21, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 30 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 0 have Buy rating, 7 Sell and 23 Hold. Therefore 0 are positive. TripAdvisor LLC has $120 highest and $28.0 lowest target. $50.09’s average target is 35.16% above currents $37.06 stock price. TripAdvisor LLC had 78 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co upgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Wednesday, July 19 to “Market Perform” rating. Miller Tabak initiated TripAdvisor, Inc. (NASDAQ:TRIP) on Wednesday, January 18 with “Hold” rating. CLSA initiated the shares of TRIP in report on Thursday, December 8 with “Underperform” rating. Needham downgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Tuesday, February 28 to “Underperform” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Hold” rating by Deutsche Bank on Tuesday, October 24. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Neutral” rating by JP Morgan on Tuesday, April 12. Jefferies maintained the shares of TRIP in report on Thursday, August 3 with “Hold” rating. Piper Jaffray maintained the shares of TRIP in report on Thursday, December 10 with “Overweight” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, August 31. The firm has “Hold” rating by Oppenheimer given on Friday, May 26.

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