Twin Capital Management Inc. Has $484,000 Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Twin Capital Management Inc. lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 3.2% during the fourth quarter, Holdings Channel reports. The fund owned 3,188 shares of the online travel company’s stock after selling 104 shares during the period. Twin Capital Management Inc.’s holdings in Expedia Group were worth $484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Expedia Group by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 16,147,624 shares of the online travel company’s stock valued at $3,159,605,000 after acquiring an additional 741,856 shares during the period. Boston Partners raised its stake in Expedia Group by 1.3% in the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after acquiring an additional 32,191 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Expedia Group by 187.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock valued at $375,888,000 after acquiring an additional 1,251,933 shares during the period. Capital Wealth Alliance LLC bought a new stake in Expedia Group in the 2nd quarter valued at $12,058,000. Finally, Northern Trust Corp raised its stake in Expedia Group by 1.5% in the 3rd quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company’s stock valued at $160,564,000 after acquiring an additional 22,518 shares during the period. Institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.04, for a total value of $1,500,400.00. Following the sale, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the sale, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wells Fargo & Company lowered their price objective on Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Friday, February 9th. Royal Bank of Canada reiterated a “sector perform” rating and set a $155.00 price objective on shares of Expedia Group in a research report on Friday, February 9th. JPMorgan Chase & Co. increased their price objective on Expedia Group from $115.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Bank of America cut Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective on the stock. in a research report on Friday, February 9th. Finally, Ascendiant Capital Markets increased their price objective on Expedia Group from $133.00 to $168.00 and gave the stock a “buy” rating in a research report on Friday, December 29th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $129.00 on Friday. The stock’s 50-day simple moving average is $134.37 and its 200 day simple moving average is $132.71. The firm has a market capitalization of $17.58 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 0.39 and a beta of 1.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. Expedia Group, Inc. has a twelve month low of $87.94 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. On average, analysts anticipate that Expedia Group, Inc. will post 9.74 EPS for the current fiscal year.

Expedia Group 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.