According to the most recent disclosure that Los Angeles Capital Management LLC filed with the Securities and Exchange Commission, during the third quarter of 2014, the investment firm increased the percentage of Expedia Group, Inc. (NASDAQ: EXPE) shares that it owned by 11.6%. (SEC). The mutual fund ultimately ended up with a total of 75,773 shares of the stock of the online travel agency after making additional purchases that amounted to a total of 7,898 shares. At the end of the most recent reporting period, Los Angeles Capital Management LLC concluded that Expedia Group was worth $7,099,000.
In addition, transactions involving the purchase and sale of EXPE stock have occurred at the hands of hedge funds and other institutional investors. To increase its portfolio’s diversification during the second quarter, Capital Wealth Alliance LLC invested approximately $12,058,000 to purchase a new position in Expedia Group. The ownership stake in Expedia Group held by Arrowstreet Capital Limited Partnership grew by 187.1% during the year’s first three months. Arrowstreet Capital Limited Partnership now directly owns 1,921,028 shares of the company’s stock, which has a value of $375,888,000 following the purchase of an additional 1,251,933 shares in the online travel business during the most recent fiscal quarter. Renaissance Technologies LLC increased the percentage of Expedia Group in which it is invested by 727.0% during the second quarter of the year. Renaissance Technologies LLC is now the owner of 1,423,993 shares of the online travel business, which have a value of $135,037,000, thanks to the acquisition of an additional 1,251,800 shares during the most recent quarter. At the end of the third quarter, Assenagon Asset Management S.A. held 569.5% more shares of Expedia Group than at the beginning. Assenagon Asset Management S.A. now has a total of 1,131,879 shares of the online travel company’s stock following the purchase of an additional 962,811 shares during the period. The stock currently has a total value of $106,046,000 due to the ownership of these 1,131,879 shares. And finally, during the first quarter of 2018, Vanguard Group Inc. increased the percentage of Expedia Group shares it owned by buying an additional 4,8 percent of its stock. After purchasing an additional 741,856 shares of the online travel company’s stock during the most recent period, Vanguard Group Inc. now holds 16,147,624 shares of the company’s stock, which are currently valued at $3,159,605,000. These shares were acquired during the most recent period. At present, institutional investors hold 89.89% of the total company stock.
Furthermore, in addition to this CAO, The transaction that took place on November 15 and resulted in the sale of 635 shares of the company’s stock was carried out by Lance A. Soliday. For $100.18 per share on average, a total of $63,614.30 worth of the stock was traded, resulting in revenue. The average price per share was $100.18. Following the successful conclusion of the transaction, the chief accounting officer now directly owns 8,949 company shares, which have an aggregate value of $896,510.82. If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately. The company’s management and employees collectively own 7.52% of the total company stock.
When trading started on Thursday, the price of an individual share of Expedia Group was $103.87. The debt-to-equity ratio is calculated to be 1.68, the current ratio is calculated to be 0.83, and the quick ratio is also calculated to be 0.83. The company has a market capitalization of $16.21 billion, a price-to-earnings ratio of 38.05, a price-to-earnings-to-growth ratio of 1.10, and a beta of 1.56. These metrics indicate that the stock is relatively expensive relative to its earnings. The company’s simple moving average over the past 50 days is $95.52, and its simple moving average over the past 200 days is $98.24. Over the previous year, Expedia Group, Inc.’s stock traded as low as $82.39 per share and as high as $217.72 per share.
On November 3, the most recent quarterly earnings report was made public for Expedia Group, traded on the NASDAQ under the symbol EXPE. In the most recent quarter, the online travel service reported earnings per share of $3.56, which is $0.05 higher than the consensus estimate of $3.51. The revenue for the quarter came in at $3.62 billion, which was considerably higher than the consensus estimate of $3.55 billion among financial analysts. The Expedia Group had a return on equity of 24.05 percent, while the company’s net margin was 4.95 percent. According to projections made by financial analysts, Expedia Group, Inc. is expected to generate earnings of 5.66 cents per share during the current fiscal year.
The reports that have been prepared contain the opinions of several analysts regarding EXPE. In a research note published on November 22 by Barclays, the company increased its price target for Expedia Group from $120.00 to $125.00 and rated the stock as “overweight.” Expedia Group was given a rating of “buy” by Trust Financial in a research note published on Friday, October 28. At the same time, the company decreased its price target for Expedia Group from $185.00 to $175.00. A “buy” recommendation was also included in the report for the company. In a research note that was published on November 4, Cowen stated their intention to reduce their price objective for Expedia Group from $134.00 to $120.00. Morgan Stanley reduced the price target for Expedia Group in a research note published on Monday, October 24. The new price target is $120.00, down from the previous price target of $128.0. In addition, the firm rated the company’s stock as having “equal weight” in its portfolio. Wells Fargo & Company announced, in a research note made public on November 4, that they have decreased their price objective on Expedia Group from $200.00 to $150.00. The previous price objective was $200.00. Investment analysts have provided the stock with one of three distinct ratings:
“Sell” (out of a possible one).
“Hold” (out of a possible twelve).
“Buy” (out of a possible thirteen).
The rating for Expedia Group is “Hold,” and the price target has been established at $145.79, as indicated by the data found on Bloomberg.com.
Expedia Group, Inc. is an online travel agency that caters to leisure and business travelers by providing them with various products and services related to travel. These two distinct groups of clients are the focus of the company’s attention. Some areas where it is active include those listed below: Trivago, B2B, and retail all fall into the category of such online marketplaces. Through various consumer brands, such as Expedia.com and Hotels.com, the retail division provides customers in every region of the world with access to a comprehensive selection of travel and advertising services. The retail division is the one that offers these various services.