Mutual of America Capital Management LLC Has $ 3.93 Million Stock Position in Expedia Group, Inc. (NASDAQ: EXPE)


Mutual of America Capital Management LLC grew its position in Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) by 4.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,057 shares of the online travel company’s stock after purchasing an additional 770 shares during the period. Mutual of America Capital Management LLC’s holdings in Expedia Group were worth $ 3,925,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in EXPE. FNY Investment Advisers LLC acquired a new position in shares of Expedia Group in the first quarter worth about $ 29,000. Parkside Financial Bank & Trust boosted its holdings in shares of Expedia Group by 41.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock worth $ 36,000 after buying an additional 58 shares during the period. Dixon Hughes Goodman Wealth Advisors LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth approximately $ 45,000. Hoey Investments Inc. purchased a new stake in shares of Expedia Group in the fourth quarter worth approximately $ 54,000. Finally, Quent Capital LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth approximately $ 56,000. 96.08% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Trading Up 1.4%

Shares of EXPE stock opened at $ 100.75 on Tuesday. The firm has a market capitalization of $ 15.83 billion, a P / E ratio of 86.85, a price-to-earnings-growth ratio of 1.58 and a beta of 1.61. Expedia Group, Inc. has a 1 year low of $ 88.70 and a 1 year high of $ 217.72. The firm’s fifty day simple moving average is $ 108.53 and its 200 day simple moving average is $ 155.72. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.16.

Expedia Group (NASDAQ: EXPE – Get Rating) last posted its quarterly earnings data on Monday, May 2nd. The online travel company reported ($ 0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($ 0.69) by ($ 0.24). Expedia Group had a return on equity of 11.93% and a net margin of 4.87%. The company had revenue of $ 2.25 billion for the quarter, compared to the consensus estimate of $ 2.27 billion. During the same quarter in the previous year, the firm posted ($ 2.59) EPS. As a group, sell-side analysts predict that Expedia Group, Inc. will post 4.49 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. JMP Securities reissued a “mkt perform” rating on shares of Expedia Group in a research report on Wednesday, June 22nd. Argus reduced their price target on shares of Expedia Group from $ 240.00 to $ 220.00 in a research report on Thursday, April 7th. StockNews.com raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. Benchmark increased their price target on shares of Expedia Group from $ 265.00 to $ 275.00 in a research report on Tuesday, May 3rd. Finally, Barclays increased their price target on shares of Expedia Group from $ 226.00 to $ 229.00 in a research report on Tuesday, May 3rd. Fourteen analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $ 191.30.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Monday, May 2nd. The shares were sold at an average price of $ 172.94, for a total transaction of $ 1,729,400.00. Following the transaction, the director now owns 252,112 shares in the company, valued at approximately $ 43,600,249.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Monday, May 2nd. The shares were sold at an average price of $ 172.94, for a total value of $ 1,729,400.00. Following the sale, the director now owns 252,112 shares of the company’s stock, valued at $ 43,600,249.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 376 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $ 124.12, for a total transaction of $ 46,669.12. Following the completion of the sale, the chief accounting officer now directly owns 8,949 shares in the company, valued at approximately $ 1,110,749.88. The disclosure for this sale can be found here. Insiders own 5.00% of the company’s stock.

Expedia Group Company Profile

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Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ: EXPE)



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