Liberty Tripadvisor Holdings Inc Series A (LTRPA) Stake Boosted by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA lifted its position in Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) by 576.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,962 shares of the technology company’s stock after purchasing an additional 89,449 shares during the period. BNP Paribas Arbitrage SA owned 0.14% of Liberty Tripadvisor Holdings Inc Series A worth $1,690,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LTRPA. Indaba Capital Management L.P. purchased a new stake in shares of Liberty Tripadvisor Holdings Inc Series A in the first quarter valued at approximately $21,973,000. Citadel Advisors LLC boosted its holdings in shares of Liberty Tripadvisor Holdings Inc Series A by 31.4% in the first quarter. Citadel Advisors LLC now owns 2,112,248 shares of the technology company’s stock valued at $22,707,000 after purchasing an additional 504,621 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Liberty Tripadvisor Holdings Inc Series A by 7.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,983,594 shares of the technology company’s stock valued at $64,324,000 after purchasing an additional 418,379 shares during the period. Millennium Management LLC boosted its holdings in shares of Liberty Tripadvisor Holdings Inc Series A by 102.5% in the fourth quarter. Millennium Management LLC now owns 561,888 shares of the technology company’s stock valued at $5,296,000 after purchasing an additional 284,369 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Liberty Tripadvisor Holdings Inc Series A by 198.1% in the first quarter. UBS Group AG now owns 259,308 shares of the technology company’s stock valued at $2,788,000 after purchasing an additional 172,328 shares during the period. Hedge funds and other institutional investors own 91.84% of the company’s stock.

A number of research firms have weighed in on LTRPA. BidaskClub lowered Liberty Tripadvisor Holdings Inc Series A from a “strong-buy” rating to a “buy” rating in a report on Thursday. ValuEngine upgraded Liberty Tripadvisor Holdings Inc Series A from a “hold” rating to a “buy” rating in a report on Tuesday, June 5th. Finally, Guggenheim lowered Liberty Tripadvisor Holdings Inc Series A from a “neutral” rating to a “sell” rating in a report on Saturday, June 2nd.

Liberty Tripadvisor Holdings Inc Series A stock traded up $0.25 during mid-day trading on Friday, reaching $15.85. 162,900 shares of the company were exchanged, compared to its average volume of 706,767. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.15 billion, a P/E ratio of 0.86 and a beta of 1.58. Liberty Tripadvisor Holdings Inc Series A has a 12-month low of $7.90 and a 12-month high of $18.30.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last posted its earnings results on Wednesday, August 8th. The technology company reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.77). Liberty Tripadvisor Holdings Inc Series A had a positive return on equity of 32.78% and a negative net margin of 28.77%.

Liberty Tripadvisor Holdings Inc Series A Profile

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.

Further Reading: Hedge Funds – Risk or Reward?

Institutional Ownership by Quarter for Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA)

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