Zacks: Liberty TripAdvisor Holdings Inc. (NASDAQ:LTRPA) Receives Consensus Recommendation of “Hold” from Analysts
Liberty TripAdvisor Holdings Inc. (NASDAQ:LTRPA) has been given an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Analysts have set a 12 month consensus price objective of $22.00 for the company and are anticipating that the company will post $0.28 earnings per share for the current quarter, according to Zacks. Zacks has also given Liberty TripAdvisor Holdings an industry rank of 107 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded shares of Liberty TripAdvisor Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, September 13th.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/07/zacks-liberty-tripadvisor-holdings-inc-nasdaqltrpa-receives-consensus-recommendation-of-hold-from-analysts.html
Shares of Liberty TripAdvisor Holdings (NASDAQ:LTRPA) traded down 2.26% during mid-day trading on Friday, reaching $21.65. 156,332 shares of the company’s stock traded hands. Liberty TripAdvisor Holdings has a 12-month low of $17.23 and a 12-month high of $32.01. The firm’s 50 day moving average price is $21.32 and its 200-day moving average price is $21.90. The stock’s market cap is $1.62 billion.
Several hedge funds have recently added to or reduced their stakes in LTRPA. BNP Paribas Arbitrage SA increased its stake in Liberty TripAdvisor Holdings by 110.2% in the third quarter. BNP Paribas Arbitrage SA now owns 6,040 shares of the company’s stock worth $132,000 after buying an additional 3,166 shares in the last quarter. Invictus RG acquired a new stake in Liberty TripAdvisor Holdings during the first quarter worth $135,000. Pacad Investment Ltd. acquired a new stake in Liberty TripAdvisor Holdings during the second quarter worth $182,000. Royal Bank of Canada increased its stake in Liberty TripAdvisor Holdings by 110.9% in the first quarter. Royal Bank of Canada now owns 8,634 shares of the company’s stock worth $193,000 after buying an additional 4,540 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Liberty TripAdvisor Holdings by 8.5% in the second quarter. Teacher Retirement System of Texas now owns 9,563 shares of the company’s stock worth $209,000 after buying an additional 753 shares in the last quarter. 94.98% of the stock is currently owned by hedge funds and other institutional investors.
Liberty TripAdvisor Holdings Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Liberty TripAdvisor Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty TripAdvisor Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.