Yatra Online Inc (YTRA) Position Boosted by Legato Capital Management LLC

Legato Capital Management LLC lifted its holdings in shares of Yatra Online Inc (NASDAQ:YTRA) by 2.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 356,675 shares of the technology company’s stock after acquiring an additional 7,089 shares during the quarter. Legato Capital Management LLC owned approximately 0.83% of Yatra Online worth $1,751,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. AltraVue Capital LLC bought a new position in shares of Yatra Online during the fourth quarter valued at approximately $7,731,000. D.A. Davidson & CO. raised its holdings in Yatra Online by 44.0% in the fourth quarter. D.A. Davidson & CO. now owns 18,650 shares of the technology company’s stock worth $75,000 after purchasing an additional 5,700 shares in the last quarter. BlackRock Inc. bought a new position in Yatra Online in the third quarter worth $505,000. Virtu Financial LLC bought a new position in Yatra Online in the fourth quarter worth $63,000. Finally, LPL Financial LLC raised its holdings in Yatra Online by 5.8% in the fourth quarter. LPL Financial LLC now owns 120,807 shares of the technology company’s stock worth $486,000 after purchasing an additional 6,640 shares in the last quarter. Institutional investors own 35.19% of the company’s stock.

A number of research firms have issued reports on YTRA. ValuEngine upgraded Yatra Online from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Zacks Investment Research downgraded Yatra Online from a “buy” rating to a “hold” rating in a report on Sunday, January 6th. Finally, Oppenheimer downgraded Yatra Online from an “outperform” rating to a “market perform” rating in a report on Monday, February 4th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $7.38.

Shares of NASDAQ YTRA traded down $0.12 during trading on Wednesday, reaching $4.51. The company had a trading volume of 4,481 shares, compared to its average volume of 127,877. Yatra Online Inc has a 12-month low of $3.70 and a 12-month high of $8.16. The stock has a market cap of $195.80 million, a P/E ratio of -3.18 and a beta of 1.43. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02.

Yatra Online (NASDAQ:YTRA) last released its earnings results on Thursday, January 31st. The technology company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.02. Yatra Online had a negative return on equity of 116.35% and a negative net margin of 6.47%. The firm had revenue of $33.51 million for the quarter, compared to analysts’ expectations of $31.57 million. As a group, analysts forecast that Yatra Online Inc will post -0.69 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Yatra Online Inc (YTRA) Position Boosted by Legato Capital Management LLC” was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.chaffeybreeze.com/2019/04/17/yatra-online-inc-ytra-position-boosted-by-legato-capital-management-llc.html.

Yatra Online Company Profile

Yatra Online, Inc operates as an online travel company in India and internationally. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, and activities and ancillary services for leisure and business travelers.

Featured Article: Why Invest in Dividend Achievers?

Want to see what other hedge funds are holding YTRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yatra Online Inc (NASDAQ:YTRA).

Institutional Ownership by Quarter for Yatra Online (NASDAQ:YTRA)

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