TD Asset Management Inc. Has $ 11.70 Million Stock Position in Expedia Group, Inc. (NASDAQ: EXPE)


TD Asset Management Inc. lowered its stake in shares of Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) by 0.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,802 shares of the online travel company’s stock after selling 157 shares during the quarter. TD Asset Management Inc.’s holdings in Expedia Group were worth $ 11,701,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Aaron Wealth Advisors LLC bought a new position in Expedia Group during the first quarter worth $ 147,000. Mercer Global Advisors Inc. ADV increased its position in Expedia Group by 19.0% during the first quarter. Mercer Global Advisors Inc. ADV now owns 4,583 shares of the online travel company’s stock worth $ 897,000 after acquiring an additional 732 shares during the period. Ascent Group LLC increased its position in Expedia Group by 5.5% during the first quarter. Ascent Group LLC now owns 8,463 shares of the online travel company’s stock worth $ 1,656,000 after acquiring an additional 439 shares during the period. Rational Advisors LLC increased its position in Expedia Group by 31.5% during the first quarter. Rational Advisors LLC now owns 21,700 shares of the online travel company’s stock worth $ 4,246,000 after acquiring an additional 5,200 shares during the period. Finally, Tcwp LLC bought a new position in Expedia Group during the first quarter worth $ 65,000. Institutional investors own 96.08% of the company’s stock.

Expedia Group Stock Up 0.1%

Shares of NASDAQ EXPE opened at $ 105.97 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.99. Expedia Group, Inc. has a 12-month low of $ 88.70 and a 12-month high of $ 217.72. The company has a market cap of $ 16.65 billion, a price-to-earnings ratio of 52.72, a price-to-earnings-growth ratio of 1.53 and a beta of 1.60. The firm’s 50-day simple moving average is $ 101.35 and its 200 day simple moving average is $ 145.21.

Expedia Group (NASDAQ: EXPE – Get Rating) last released its earnings results on Thursday, August 4th. The online travel company reported $ 1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $ 1.57 by $ 0.39. Expedia Group had a net margin of 4.26% and a return on equity of 22.14%. The company had revenue of $ 3.18 billion for the quarter, compared to the consensus estimate of $ 2.99 billion. During the same period in the prior year, the company posted ($ 1.77) EPS. The company’s revenue was up 50.7% compared to the same quarter last year. On average, research analysts expect that Expedia Group, Inc. will post 4.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

EXPE has been the topic of a number of research reports. Susquehanna dropped their target price on shares of Expedia Group from $ 145.00 to $ 115.00 and set a “neutral” rating on the stock in a research report on Friday, August 12th. Redburn Partners raised shares of Expedia Group from a “neutral” rating to a “buy” rating in a report on Wednesday, May 18th. Susquehanna Bancshares lowered their price target on shares of Expedia Group from $ 145.00 to $ 115.00 and set a “neutral” rating on the stock in a report on Friday, August 12th. JMP Securities reissued a “mkt perform” rating on shares of Expedia Group in a report on Wednesday, June 22nd. Finally, Piper Sandler lowered their price target on shares of Expedia Group from $ 225.00 to $ 155.00 and set an “overweight” rating on the stock in a report on Tuesday, June 28th. Fourteen research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $ 169.69.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 636 shares of the company’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $ 114.04, for a total transaction of $ 72,529.44. Following the transaction, the chief accounting officer now directly owns 8,949 shares in the company, valued at approximately $ 1,020,543.96. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 7.52% of the company’s stock.

Expedia Group 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.

Further Reading

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



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