Travelport Worldwide Ltd (NYSE:TVPT) insider Matthew Minetola sold 12,000 shares of the stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $12.86, for a total value of $154,320.00. Following the completion of the sale, the insider now directly owns 33,402 shares in the company, valued at approximately $429,549.72. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Travelport Worldwide Ltd (NYSE:TVPT) traded down $0.14 on Monday, hitting $13.09. The stock had a trading volume of 833,200 shares, compared to its average volume of 1,206,587. Travelport Worldwide Ltd has a fifty-two week low of $11.38 and a fifty-two week high of $16.17. The stock has a market cap of $1,660.00, a P/E ratio of 14.23, a P/E/G ratio of 4.06 and a beta of 0.49. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of -9.42.

Travelport Worldwide (NYSE:TVPT) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. Travelport Worldwide had a negative return on equity of 42.32% and a net margin of 3.72%. The business had revenue of $610.84 million for the quarter, compared to the consensus estimate of $611.03 million. During the same quarter in the prior year, the business posted $0.33 EPS. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. analysts forecast that Travelport Worldwide Ltd will post 0.77 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be issued a $0.075 dividend. The ex-dividend date is Wednesday, December 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.29%. Travelport Worldwide’s payout ratio is currently 41.67%.

A number of research firms have issued reports on TVPT. BidaskClub lowered Travelport Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. ValuEngine lowered Travelport Worldwide from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Zacks Investment Research lowered Travelport Worldwide from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 9th. Finally, Cowen set a $19.00 price target on Travelport Worldwide and gave the company a “buy” rating in a research report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $15.88.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TVPT. Strs Ohio increased its holdings in shares of Travelport Worldwide by 41.2% in the 2nd quarter. Strs Ohio now owns 78,200 shares of the company’s stock valued at $1,076,000 after acquiring an additional 22,800 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Travelport Worldwide by 47.5% in the 2nd quarter. Sei Investments Co. now owns 31,005 shares of the company’s stock valued at $427,000 after acquiring an additional 9,982 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in Travelport Worldwide by 6.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,078,520 shares of the company’s stock worth $14,841,000 after buying an additional 67,154 shares during the last quarter. Boston Partners purchased a new position in Travelport Worldwide during the 2nd quarter worth approximately $3,267,000. Finally, Rhumbline Advisers grew its stake in Travelport Worldwide by 13.6% during the 2nd quarter. Rhumbline Advisers now owns 149,242 shares of the company’s stock worth $2,054,000 after buying an additional 17,827 shares during the last quarter. Institutional investors and hedge funds own 92.35% of the company’s stock.

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About Travelport Worldwide

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

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