Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) Lifted to Neutral at Guggenheim

Guggenheim upgraded shares of Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) from a sell rating to a neutral rating in a report published on Thursday, Benzinga reports. Guggenheim currently has $11.82 price target on the technology company’s stock.

Several other analysts also recently weighed in on LTRPA. ValuEngine downgraded Liberty Tripadvisor Holdings Inc Series A from a buy rating to a hold rating in a report on Monday, May 13th. BidaskClub downgraded Liberty Tripadvisor Holdings Inc Series A from a hold rating to a sell rating in a report on Saturday, June 1st.

LTRPA traded down $0.10 during trading on Thursday, reaching $12.08. The company had a trading volume of 145 shares, compared to its average volume of 370,980. Liberty Tripadvisor Holdings Inc Series A has a 52 week low of $10.57 and a 52 week high of $20.63. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.46 and a current ratio of 1.46.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last issued its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.08. Liberty Tripadvisor Holdings Inc Series A had a negative return on equity of 0.94% and a negative net margin of 2.17%. The company had revenue of $376.00 million during the quarter.

Several hedge funds have recently added to or reduced their stakes in LTRPA. Metropolitan Life Insurance Co. NY grew its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 362.1% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 24,105 shares of the technology company’s stock worth $383,000 after acquiring an additional 18,889 shares during the last quarter. Cigna Investments Inc. New purchased a new stake in Liberty Tripadvisor Holdings Inc Series A in the first quarter valued at approximately $851,000. American Century Companies Inc. purchased a new stake in Liberty Tripadvisor Holdings Inc Series A in the fourth quarter valued at approximately $2,037,000. Rhumbline Advisers boosted its position in Liberty Tripadvisor Holdings Inc Series A by 42.9% in the fourth quarter. Rhumbline Advisers now owns 102,903 shares of the technology company’s stock valued at $1,635,000 after buying an additional 30,914 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in Liberty Tripadvisor Holdings Inc Series A by 49.8% in the fourth quarter. Acadian Asset Management LLC now owns 30,555 shares of the technology company’s stock valued at $485,000 after buying an additional 10,151 shares during the last quarter. Hedge funds and other institutional investors own 92.17% of the company’s stock.

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 provides consumer-generated content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants.

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