Boyd Watterson Asset Management LLC OH Boosts Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Boyd Watterson Asset Management LLC OH increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 113.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,240 shares of the online travel company’s stock after buying an additional 1,192 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Expedia Group were worth $340,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in EXPE. City State Bank boosted its position in Expedia Group by 157.3% in the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $32,000. Parkside Financial Bank & Trust raised its holdings in shares of Expedia Group by 173.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 218 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Expedia Group by 79.7% in the 3rd quarter. UMB Bank n.a. now owns 354 shares of the online travel company’s stock valued at $36,000 after purchasing an additional 157 shares in the last quarter. Finally, MV Capital Management Inc. raised its holdings in shares of Expedia Group by 335.6% in the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock valued at $48,000 after purchasing an additional 245 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 0.4 %

EXPE stock traded down $0.55 on Friday, hitting $135.70. 1,412,722 shares of the company were exchanged, compared to its average volume of 1,680,016. Expedia Group, Inc. has a twelve month low of $87.94 and a twelve month high of $160.05. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The business’s fifty day moving average is $134.32 and its two-hundred day moving average is $133.93. The stock has a market capitalization of $18.49 billion, a price-to-earnings ratio of 25.22, a price-to-earnings-growth ratio of 0.42 and a beta of 1.86.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. As a group, research analysts forecast that Expedia Group, Inc. will post 9.71 earnings per share for the current year.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the sale, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction 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 owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EXPE shares. Benchmark lifted their price target on shares of Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. BMO Capital Markets started coverage on shares of Expedia Group in a report on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 target price on the stock. Bank of America downgraded shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 target price on the stock. in a report on Friday, February 9th. Wells Fargo & Company decreased their price objective on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a report on Friday, February 9th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $155.00 price objective on shares of Expedia Group in a report on Friday, February 9th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.12.

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.