Greenleaf Trust grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,520 shares of the online travel company’s stock after acquiring an additional 61 shares during the quarter. Greenleaf Trust’s holdings in Expedia Group were worth $470,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of EXPE. Algert Global LLC bought a new position in Expedia Group in the 2nd quarter valued at about $380,000. Sanctuary Advisors LLC bought a new position in Expedia Group in the 2nd quarter valued at about $1,159,000. Park Avenue Securities LLC grew its position in Expedia Group by 11.7% in the 3rd quarter. Park Avenue Securities LLC now owns 2,864 shares of the online travel company’s stock valued at $424,000 after buying an additional 300 shares in the last quarter. Handelsbanken Fonder AB grew its position in Expedia Group by 3.2% in the 3rd quarter. Handelsbanken Fonder AB now owns 26,088 shares of the online travel company’s stock valued at $3,862,000 after buying an additional 817 shares in the last quarter. Finally, Czech National Bank lifted its position in Expedia Group by 5.0% in the third quarter. Czech National Bank now owns 25,393 shares of the online travel company’s stock worth $3,759,000 after purchasing an additional 1,202 shares during the period. Institutional investors own 90.76% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on EXPE shares. Argus upped their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. Susquehanna boosted their price target on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Finally, The Goldman Sachs Group lifted their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus target price of $177.75.
Expedia Group Price Performance
EXPE opened at $168.47 on Wednesday. The stock has a market cap of $21.62 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 0.77 and a beta of 1.82. The stock has a fifty day moving average price of $182.97 and a 200 day moving average price of $159.53. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings data 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). The business 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 period in the previous year, the business posted $4.85 EPS. Analysts forecast that Expedia Group, Inc. will post 8.76 EPS for the current fiscal year.
Insiders Place Their Bets
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction on Thursday, November 21st. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,174,510 over the last three months. 6.80% of the stock is currently owned by insiders.
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.
Further Reading
- Five stocks we like better than Expedia Group
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Energy and Oil Stocks Explained
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Technology Stocks Explained: Here’s What to Know About Tech
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.