Waldron Private Wealth LLC Invests $231,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Waldron Private Wealth LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, Holdings Channel reports. The fund purchased 1,239 shares of the online travel company’s stock, valued at approximately $231,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Windacre Partnership LLC increased its stake in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after buying an additional 1,431,500 shares in the last quarter. Pacer Advisors Inc. increased its position in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after acquiring an additional 596,510 shares in the last quarter. Alkeon Capital Management LLC raised its stake in shares of Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after acquiring an additional 498,934 shares during the last quarter. KBC Group NV lifted its position in shares of Expedia Group by 326.9% during the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after purchasing an additional 224,732 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Expedia Group by 9.4% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after purchasing an additional 144,579 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Down 0.6 %

EXPE stock opened at $170.95 on Monday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $21.94 billion, a P/E ratio of 22.00, a P/E/G ratio of 0.77 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The business has a 50-day moving average of $183.26 and a 200-day moving average of $159.11.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The firm had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period last year, the company earned $4.85 EPS. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,951 shares of company stock valued at $3,476,610. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several research reports. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Susquehanna raised their price target on Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 11th. Wedbush boosted their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. UBS Group raised their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Jefferies Financial Group boosted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Twenty equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $177.75.

Expedia Group Company 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.