DekaBank Deutsche Girozentrale decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE – Get Rating) by 11.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,886 shares of the online travel company’s stock after selling 3,580 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Expedia Group were worth $2,349,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Expedia Group by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 16,898,096 shares of the online travel company’s stock worth $1,583,182,000 after purchasing an additional 265,087 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Expedia Group by 187.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock worth $375,888,000 after purchasing an additional 1,251,933 shares during the period. Capital Wealth Alliance LLC acquired a new position in Expedia Group during the 2nd quarter worth approximately $12,058,000. Northern Trust Corp increased its position in Expedia Group by 2.2% during the 1st quarter. Northern Trust Corp now owns 1,494,428 shares of the online travel company’s stock worth $292,414,000 after purchasing an additional 32,876 shares during the period. Finally, Boston Partners grew its holdings in shares of Expedia Group by 6.3% in the 3rd quarter. Boston Partners now owns 1,465,939 shares of the online travel company’s stock worth $137,329,000 after acquiring an additional 86,277 shares during the period. Institutional investors and hedge funds own 89.89% of the company’s stock.
Expedia Group Price Performance
Shares of Expedia Group stock opened at $94.02 on Friday. Expedia Group, Inc. has a twelve month low of $82.39 and a twelve month high of $196.78. The stock has a market capitalization of $14.42 billion, a P/E ratio of 43.93, a PEG ratio of 0.94 and a beta of 1.60. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.67. The business’s fifty day moving average price is $99.39 and its 200 day moving average price is $98.93.
Insider Activity at Expedia Group
In related news, CAO Lance A. Soliday sold 5,387 shares of Expedia Group stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $106.99, for a total value of $576,355.13. Following the transaction, the chief accounting officer now owns 9,270 shares in the company, valued at $991,797.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Expedia Group news, CAO Lance A. Soliday sold 605 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $116.71, for a total value of $70,609.55. Following the transaction, the chief accounting officer now directly owns 9,270 shares of the company’s stock, valued at $1,081,901.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 5,387 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $106.99, for a total value of $576,355.13. Following the completion of the transaction, the chief accounting officer now directly owns 9,270 shares in the company, valued at $991,797.30. The disclosure for this sale can be found here. 7.52% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. DA Davidson upped their price target on Expedia Group from $108.00 to $121.00 and gave the stock a “neutral” rating in a report on Friday, March 3rd. Mizuho upped their price target on Expedia Group from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, February 10th. Bank of America upped their price target on Expedia Group from $143.00 to $150.00 in a report on Friday, February 10th. StockNews.com assumed coverage on Expedia Group in a report on Thursday, March 16th. They issued a “buy” rating on the stock. Finally, UBS Group upped their price target on Expedia Group from $108.00 to $125.00 and gave the stock a “neutral” rating in a report on Tuesday, January 24th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $137.61.
Expedia Group Company Profile
Expedia Group, Inc is an online travel company, which engages in the provision of travel products and services to leisure and corporate travelers. It operates through the following segments: Retail, B2B, and Trivago. The Retail segment provides a full range of travel and advertising services to worldwide customers through a variety of consumer brands including: Expedia.com and Hotels.com.
Featured Articles
- Get a free copy of the StockNews.com research report on Expedia Group (EXPE)
- Finding New Technology to Invest in: A Guide
- Genuine Parts Company Is Genuinely A Good Buy
- Healthcare Sector: Overview and Keys to Investing
- Can D.R. Horton Shares Raise The Roof, Or Is This The Ceiling?
- American Express Growth Riding On Joyful Consumer Spending
Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPE – Get Rating).
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.
