Nilsine Partners LLC Raises Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Nilsine Partners LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,861 shares of the online travel company’s stock after purchasing an additional 262 shares during the quarter. Nilsine Partners LLC’s holdings in Expedia Group were worth $1,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Caprock Group LLC boosted its position in Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after buying an additional 2,569 shares during the period. Teamwork Financial Advisors LLC purchased a new position in Expedia Group in the fourth quarter valued at $1,791,000. Cozad Asset Management Inc. grew its stake in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the period. Finally, Integrated Investment Consultants LLC acquired a new stake in Expedia Group in the 3rd quarter valued at about $527,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock worth $5,045,310 over the last ninety days. 6.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Benchmark lifted their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. UBS Group increased their target price on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, BTIG Research lifted their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $175.96.

Expedia Group Trading Up 1.6 %

Shares of EXPE opened at $171.77 on Wednesday. The firm has a market capitalization of $22.05 billion, a P/E ratio of 22.11, a PEG ratio of 0.78 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm’s 50-day moving average is $184.04 and its two-hundred day moving average is $158.25. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing the consensus estimate of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The firm had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same period last year, the company posted $4.85 EPS. On average, research analysts predict that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.