IFM Investors Pty Ltd Has $4.15 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

IFM Investors Pty Ltd decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,140 shares of the online travel company’s stock after selling 783 shares during the quarter. IFM Investors Pty Ltd’s holdings in Expedia Group were worth $4,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC lifted its stake in Expedia Group by 115.8% in the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock valued at $5,967,000 after buying an additional 21,095 shares during the period. Raymond James & Associates raised its position in shares of Expedia Group by 6.4% in the 4th quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock valued at $39,974,000 after acquiring an additional 15,759 shares during the period. AustralianSuper Pty Ltd boosted its stake in Expedia Group by 14.0% during the 4th quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock worth $54,018,000 after acquiring an additional 43,820 shares during the last quarter. AQR Capital Management LLC grew its holdings in Expedia Group by 7.9% during the third quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock valued at $79,329,000 after purchasing an additional 56,186 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in Expedia Group by 20.7% in the third quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company’s stock valued at $8,305,000 after purchasing an additional 13,797 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 216,521 shares in the company, valued at $32,486,810.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the sale, the director now owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was 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 $1,492,844.80. The disclosure for this sale can be found here. 8.07% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. BMO Capital Markets began coverage on shares of Expedia Group in a report on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 price target for the company. Jefferies Financial Group lowered their price target on Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, March 19th. The Goldman Sachs Group lifted their price objective on Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a report on Friday, January 19th. Mizuho increased their target price on Expedia Group from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 6th. Finally, StockNews.com raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Thirteen analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Expedia Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.12.

Expedia Group Stock Performance

Shares of EXPE stock traded down $0.55 during trading on Friday, reaching $135.70. 1,412,722 shares of the company’s stock 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 firm’s fifty day moving average price is $134.32 and its 200-day moving average price is $133.93. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. The stock has a market capitalization of $18.49 billion, a PE ratio of 25.22, a PEG ratio of 0.42 and a beta of 1.86.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.08 by $0.10. The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 9.71 EPS for the current year.

Expedia Group 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.