Liberty Tripadvisor Holdings Inc Series A (LTRPA) Lifted to Buy at BidaskClub

BidaskClub upgraded shares of Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) from a hold rating to a buy rating in a report issued on Tuesday.

Several other equities analysts have also weighed in on the stock. ValuEngine lowered shares of Liberty Tripadvisor Holdings Inc Series A from a buy rating to a hold rating in a report on Tuesday, October 9th. Evercore ISI began coverage on shares of Liberty Tripadvisor Holdings Inc Series A in a report on Tuesday, October 16th. They set an in-line rating and a $12.50 target price for the company.

LTRPA traded down $1.42 during trading on Tuesday, reaching $18.65. 305,232 shares of the company’s stock were exchanged, compared to its average volume of 391,636. Liberty Tripadvisor Holdings Inc Series A has a 1 year low of $7.90 and a 1 year high of $20.63. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.22 billion, a PE ratio of 0.91 and a beta of 1.37.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last posted its quarterly earnings results on Wednesday, November 7th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.25). Liberty Tripadvisor Holdings Inc Series A had a positive return on equity of 32.78% and a negative net margin of 28.77%. The business had revenue of $458.00 million for the quarter.

Several large investors have recently bought and sold shares of LTRPA. Hudson Bay Capital Management LP grew its stake in Liberty Tripadvisor Holdings Inc Series A by 71.2% in the 2nd quarter. Hudson Bay Capital Management LP now owns 4,797,822 shares of the technology company’s stock valued at $77,245,000 after acquiring an additional 1,994,564 shares during the period. Fiera Capital Corp acquired a new stake in Liberty Tripadvisor Holdings Inc Series A in the 2nd quarter valued at $4,648,000. Renaissance Technologies LLC acquired a new stake in Liberty Tripadvisor Holdings Inc Series A in the 2nd quarter valued at $4,558,000. BlackRock Inc. grew its stake in Liberty Tripadvisor Holdings Inc Series A by 5.2% in the 2nd quarter. BlackRock Inc. now owns 4,756,229 shares of the technology company’s stock valued at $76,576,000 after acquiring an additional 236,620 shares during the period. Finally, UBS Group AG grew its stake in Liberty Tripadvisor Holdings Inc Series A by 198.1% in the 1st quarter. UBS Group AG now owns 259,308 shares of the technology company’s stock valued at $2,788,000 after acquiring an additional 172,328 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

About Liberty Tripadvisor Holdings Inc Series A

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform user-generated reviews and opinions about destinations, accommodations, activities and attractions, and restaurants worldwide; and enables people plan and book a trip.

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