Morgan Stanley Sells 520,227 Shares of Trivago NV – (NASDAQ:TRVG)

Morgan Stanley lowered its position in shares of Trivago NV – (NASDAQ:TRVG) by 92.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,731 shares of the technology company’s stock after selling 520,227 shares during the period. Morgan Stanley’s holdings in Trivago were worth $167,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TRVG. Par Capital Management Inc. grew its position in Trivago by 53.7% during the 2nd quarter. Par Capital Management Inc. now owns 20,673,796 shares of the technology company’s stock worth $87,037,000 after acquiring an additional 7,218,796 shares during the last quarter. Marshall Wace North America L.P. grew its position in Trivago by 49.8% during the 2nd quarter. Marshall Wace North America L.P. now owns 301,549 shares of the technology company’s stock worth $1,269,000 after acquiring an additional 100,268 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in Trivago by 149.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 101,870 shares of the technology company’s stock worth $429,000 after acquiring an additional 60,973 shares during the last quarter. Acadian Asset Management LLC grew its position in Trivago by 23.6% during the 2nd quarter. Acadian Asset Management LLC now owns 288,094 shares of the technology company’s stock worth $1,216,000 after acquiring an additional 54,967 shares during the last quarter. Finally, Nwam LLC bought a new stake in Trivago during the 2nd quarter worth $99,000. Institutional investors and hedge funds own 11.39% of the company’s stock.

TRVG has been the topic of a number of research reports. Zacks Investment Research lowered Trivago from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th. BidaskClub lowered Trivago from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 5th. Finally, ValuEngine upgraded Trivago from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $5.38.

NASDAQ TRVG opened at $2.50 on Friday. The business’s 50-day moving average price is $3.53 and its two-hundred day moving average price is $4.11. Trivago NV – has a 12 month low of $2.49 and a 12 month high of $6.59. The firm has a market capitalization of $925.39 million, a PE ratio of -35.71, a price-to-earnings-growth ratio of 3.61 and a beta of 0.75. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.11.

Trivago (NASDAQ:TRVG) last released its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.00 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.02). Trivago had a net margin of 3.13% and a return on equity of 2.94%. The company had revenue of $250.30 million during the quarter, compared to the consensus estimate of $260.04 million. During the same quarter last year, the firm posted $0.03 EPS. The company’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, analysts forecast that Trivago NV – will post 0.07 earnings per share for the current fiscal year.

Trivago Company Profile

trivago N.V., together with its subsidiaries, operates as a hotel and accommodation search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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Institutional Ownership by Quarter for Trivago (NASDAQ:TRVG)

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