TripAdvisor (TRIP) Loses “Neutral” Rating

May 16, 2018 - By Migdalia James

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It improved, as 58 investors sold TripAdvisor, Inc. shares while 73 reduced holdings. 47 funds opened positions while 116 raised stakes. 115.06 million shares or 4.24% less from 120.15 million shares in 2017Q3 were reported.

Aqr Lc has invested 0.03% in TripAdvisor, Inc. (NASDAQ:TRIP). Dupont Cap Mgmt Corporation reported 0% stake. New York State Common Retirement Fund invested in 640,283 shares. 2.13M are held by Bankshares Of New York Mellon. Gateway Investment Advisers Ltd holds 0% or 7,139 shares. Barclays Public Ltd Company invested in 0.01% or 309,256 shares. The New York-based Edgewood Mgmt Llc has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Asset Mgmt One Company Limited owns 183,990 shares. Arizona State Retirement holds 0.01% or 27,471 shares. Carroll Finance stated it has 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Marathon Asset Limited Liability Partnership accumulated 343,919 shares or 0.18% of the stock. Blackrock owns 10.28M shares. Exxonmobil Investment Mgmt Tx invested in 0.02% or 17,241 shares. Whittier Trust Of Nevada has 284 shares. Nomura Holdg Inc reported 0% stake.

Since December 18, 2017, it had 0 buys, and 3 sales for $1.51 million activity. TEUNISSEN ERNST 02494 sold $378,280 worth of stock or 9,457 shares. Shares for $11,937 were sold by Nishar Dipchand on Monday, December 18.

TripAdvisor (TRIP) Receives a Downgrade

In a research report published on Wednesday, 16 May, Guggenheim has decided to cut rating on TripAdvisor (TRIP) shares to a “Sell”. TRIP’s prior rating was a “Neutral”.

The stock increased 0.70% or $0.34 during the last trading session, reaching $48.71. About 3.21 million shares traded or 23.75% up from the average. TripAdvisor, Inc. (TRIP) has declined 5.46% since May 17, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on August, 14. They expect $0.25 EPS, 0.00 % or $0.00 from last year’s $0.25 per share. TRIP’s profit will be $34.35M for 48.71 P/E if the $0.25 EPS becomes a reality. After $0.09 actual EPS reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts 177.78 % EPS growth.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $6.69 billion. The firm operates through two divisions, Hotel and Non-Hotel. It currently has negative earnings. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, activities and attractions, and restaurant reservations.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Seekingalpha.com which released: “TripAdvisor’s Green Shoots, Can They Last?” on May 16, 2018, also Seekingalpha.com with their article: “A Bet On TripAdvisor Would Be Ill-Advised” published on April 26, 2018, Seekingalpha.com published: “TripAdvisor’s Narrative Is Changing” on May 16, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Nasdaq.com and their article: “5 Things TripAdvisor Wants You to Know” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 09, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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