Zacks: Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) Receives Average Rating of “Hold” from Brokerages

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) has been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.

Brokers have set a one year consensus price objective of $12.50 for the company, according to Zacks. Zacks has also given Liberty Tripadvisor Holdings Inc Series A an industry rank of 160 out of 256 based on the ratings given to related companies.

Several equities research analysts have commented on LTRPA shares. Guggenheim raised Liberty Tripadvisor Holdings Inc Series A from a “sell” rating to a “neutral” rating and set a $11.82 target price on the stock in a report on Thursday, June 13th. BidaskClub raised Liberty Tripadvisor Holdings Inc Series A from a “strong sell” rating to a “sell” rating in a report on Thursday, September 12th.

In related news, CEO Gregory B. Maffei bought 15,408 shares of the company’s stock in a transaction on Friday, September 13th. The shares were acquired at an average cost of $10.38 per share, with a total value of $159,935.04. Following the completion of the acquisition, the chief executive officer now owns 2,785,581 shares of the company’s stock, valued at approximately $28,914,330.78. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.01% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Jackson Square Partners LLC raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 4.1% in the first quarter. Jackson Square Partners LLC now owns 8,189,359 shares of the technology company’s stock worth $116,207,000 after purchasing an additional 326,310 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 5.6% in the second quarter. Vanguard Group Inc. now owns 7,567,081 shares of the technology company’s stock worth $93,832,000 after purchasing an additional 402,673 shares during the last quarter. BlackRock Inc. raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 8.0% in the second quarter. BlackRock Inc. now owns 5,163,921 shares of the technology company’s stock worth $64,034,000 after purchasing an additional 381,147 shares during the last quarter. HBK Investments L P raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 85.9% in the second quarter. HBK Investments L P now owns 3,376,869 shares of the technology company’s stock worth $41,873,000 after purchasing an additional 1,560,174 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 12.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,568,280 shares of the technology company’s stock worth $19,447,000 after purchasing an additional 177,014 shares during the last quarter. Hedge funds and other institutional investors own 93.23% of the company’s stock.

Shares of NASDAQ LTRPA traded down $0.20 during mid-day trading on Monday, hitting $9.35. 580,141 shares of the stock traded hands, compared to its average volume of 456,322. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.44 and a current ratio of 1.44. Liberty Tripadvisor Holdings Inc Series A has a 52 week low of $7.92 and a 52 week high of $20.63. The company has a market cap of $746.24 million, a price-to-earnings ratio of 110.44 and a beta of 1.68. The stock has a fifty day moving average price of $9.56 and a 200-day moving average price of $12.23.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last released its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.43). Liberty Tripadvisor Holdings Inc Series A had a net margin of 0.44% and a return on equity of 0.19%. The firm had revenue of $422.00 million for the quarter.

Liberty Tripadvisor Holdings Inc Series A Company Profile

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform provides consumer-generated content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants.

Featured Story: Day Trading

Get a free copy of the Zacks research report on Liberty Tripadvisor Holdings Inc Series A (LTRPA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Liberty Tripadvisor Holdings Inc Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Tripadvisor Holdings Inc Series A and related companies with MarketBeat.com's FREE daily email newsletter.