Goldman Sachs Group Inc. cut its position in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 64.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 376,879 shares of the technology company’s stock after selling 671,538 shares during the period. Goldman Sachs Group Inc. owned about 0.50% of Liberty TripAdvisor Holdings worth $5,314,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in the company. TD Asset Management Inc. acquired a new stake in shares of Liberty TripAdvisor Holdings during the first quarter worth $681,000. Sei Investments Co. raised its stake in shares of Liberty TripAdvisor Holdings by 15.2% in the first quarter. Sei Investments Co. now owns 1,200,196 shares of the technology company’s stock worth $16,923,000 after buying an additional 158,329 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Liberty TripAdvisor Holdings by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 312,182 shares of the technology company’s stock worth $4,401,000 after buying an additional 6,925 shares during the last quarter. Markston International LLC raised its stake in shares of Liberty TripAdvisor Holdings by 0.3% in the first quarter. Markston International LLC now owns 50,376 shares of the technology company’s stock worth $711,000 after buying an additional 168 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Liberty TripAdvisor Holdings by 9.7% in the first quarter. Wells Fargo & Company MN now owns 66,650 shares of the technology company’s stock worth $940,000 after buying an additional 5,868 shares during the last quarter. 94.70% of the stock is owned by institutional investors and hedge funds.
Liberty TripAdvisor Holdings, Inc. (NASDAQ LTRPA) traded up 1.29% during midday trading on Friday, reaching $11.75. 447,497 shares of the company were exchanged. The company has a 50-day moving average of $11.64 and a 200 day moving average of $13.29. Liberty TripAdvisor Holdings, Inc. has a 52 week low of $10.05 and a 52 week high of $22.74. The firm has a market capitalization of $881.90 million, a PE ratio of 47.00 and a beta of 2.27.
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Separately, BidaskClub lowered shares of Liberty TripAdvisor Holdings from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 11th.
About Liberty TripAdvisor Holdings
Liberty TripAdvisor Holdings, Inc is a holding company. Through its interests in subsidiaries and other companies, the Company is primarily engaged in the online travel research and online commerce industries. The Company’s subsidiaries include TripAdvisor, Inc (TripAdvisor), which owns and operates a portfolio of online travel brands, and BuySeasons, Inc, which owns and operates BuyCostumes.com and the Celebrate Express (BuySeasons) family of Websites.
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