Boyd Watterson Asset Management LLC OH lifted its stake in Expedia, Inc. (NASDAQ:EXPE) by 23.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,279 shares of the online travel company’s stock after purchasing an additional 1,940 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Expedia were worth $1,231,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. DnB Asset Management AS boosted its position in shares of Expedia by 29.1% in the 4th quarter. DnB Asset Management AS now owns 16,879 shares of the online travel company’s stock worth $2,022,000 after purchasing an additional 3,800 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Expedia by 10.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 255,708 shares of the online travel company’s stock valued at $36,807,000 after purchasing an additional 24,754 shares during the period. Burgundy Asset Management Ltd. raised its stake in shares of Expedia by 3.9% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 292,996 shares of the online travel company’s stock valued at $42,174,000 after purchasing an additional 10,929 shares during the period. IFM Investors Pty Ltd acquired a new stake in shares of Expedia in the 3rd quarter valued at about $486,000. Finally, Sterling Capital Management LLC raised its stake in shares of Expedia by 25.5% in the 3rd quarter. Sterling Capital Management LLC now owns 30,570 shares of the online travel company’s stock valued at $4,400,000 after purchasing an additional 6,215 shares during the period. Institutional investors and hedge funds own 84.04% of the company’s stock.
Shares of Expedia, Inc. (NASDAQ:EXPE) traded down $0.10 during trading hours on Thursday, hitting $127.18. The stock had a trading volume of 1,234,100 shares, compared to its average volume of 1,736,971. Expedia, Inc. has a 12 month low of $115.55 and a 12 month high of $161.00. The company has a market capitalization of $19,870.00, a PE ratio of 50.27, a PEG ratio of 1.74 and a beta of 0.89. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.60.
Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, October 26th. The online travel company reported $2.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.10). Expedia had a return on equity of 10.71% and a net margin of 4.09%. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter in the prior year, the firm earned $2.41 EPS. The company’s revenue was up 14.9% on a year-over-year basis. analysts forecast that Expedia, Inc. will post 3.91 earnings per share for the current year.
In other news, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $120.37, for a total value of $289,008.37. Following the completion of the sale, the insider now directly owns 5,744 shares in the company, valued at $691,405.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Vice Chairman Victor Kaufman sold 119,575 shares of Expedia stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $123.67, for a total transaction of $14,787,840.25. Following the completion of the sale, the insider now owns 169,575 shares of the company’s stock, valued at $20,971,340.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 354,949 shares of company stock valued at $43,978,025. Corporate insiders own 20.88% of the company’s stock.
Several research firms have issued reports on EXPE. Vetr downgraded Expedia from a “strong-buy” rating to a “buy” rating and set a $140.63 price target on the stock. in a research note on Thursday, January 4th. Bank of America reaffirmed a “buy” rating and issued a $178.00 target price (down previously from $187.00) on shares of Expedia in a research report on Tuesday, September 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $180.00 target price on shares of Expedia in a research report on Thursday, September 28th. BidaskClub raised Expedia from a “strong sell” rating to a “sell” rating in a research report on Friday, January 5th. Finally, UBS Group reaffirmed a “buy” rating and issued a $170.00 target price (down previously from $178.00) on shares of Expedia in a research report on Friday, September 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $159.50.
Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.
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