Nisa Investment Advisors LLC Purchases 9,086 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Nisa Investment Advisors LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 17.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 60,003 shares of the online travel company’s stock after purchasing an additional 9,086 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $11,180,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Caprock Group LLC raised its position in shares of Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after acquiring an additional 2,569 shares in the last quarter. Cozad Asset Management Inc. increased its holdings in Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares during the period. Integrated Investment Consultants LLC bought a new position in shares of Expedia Group during the 3rd quarter worth approximately $527,000. Finally, DoubleLine ETF Adviser LP acquired a new stake in shares of Expedia Group during the 2nd quarter worth approximately $465,000. Institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Barclays increased their target price on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Argus upped their price target on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. The Goldman Sachs Group raised their price objective on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Morgan Stanley upped their target price on Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Finally, Jefferies Financial Group increased their target price on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $175.96.

Expedia Group Trading Up 1.9 %

NASDAQ:EXPE opened at $176.89 on Friday. The firm’s 50 day moving average is $184.57 and its 200 day moving average is $157.11. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The stock has a market capitalization of $22.70 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 0.82 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

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

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock valued at $5,045,310 over the last three months. Company insiders own 6.80% of the company’s stock.

About Expedia Group

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.