One Wealth Advisors LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 9.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,212 shares of the online travel company’s stock after purchasing an additional 286 shares during the period. One Wealth Advisors LLC’s holdings in Expedia Group were worth $598,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in EXPE. Grove Bank & Trust lifted its stake in Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group bought a new stake in shares of Expedia Group in the 3rd quarter valued at about $51,000. Future Financial Wealth Managment LLC purchased a new stake in Expedia Group during the 3rd quarter valued at about $74,000. Finally, UMB Bank n.a. grew its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on EXPE. Deutsche Bank Aktiengesellschaft lowered Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Argus raised their price target on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. BTIG Research upped their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. The Goldman Sachs Group raised their target price on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, DA Davidson boosted their price target on Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 18th. Twenty research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $177.75.
Insider Activity
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,951 shares of company stock worth $3,476,610 over the last quarter. Insiders own 6.80% of the company’s stock.
Expedia Group Trading Down 0.6 %
Shares of NASDAQ:EXPE opened at $170.95 on Monday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34. The stock has a market capitalization of $21.94 billion, a price-to-earnings ratio of 22.00, a PEG ratio of 0.77 and a beta of 1.82. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock’s 50-day simple moving average is $183.26 and its two-hundred day simple moving average is $159.28.
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 EPS for the quarter, missing the consensus estimate of $5.42 by ($0.24). The firm had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. During the same quarter in the previous year, the business earned $4.85 earnings per share. Analysts expect that Expedia Group, Inc. will post 8.76 EPS for the current year.
About Expedia Group
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.
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