Foundations Investment Advisors LLC Lowers Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Foundations Investment Advisors LLC cut its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 14.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,313 shares of the online travel company’s stock after selling 214 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Expedia Group were worth $245,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXPE. Hantz Financial Services Inc. increased its stake in shares of Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares in the last quarter. Empirical Finance LLC raised its holdings in Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares during the period. UMB Bank n.a. lifted its position in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after acquiring an additional 63 shares in the last quarter. Venture Visionary Partners LLC grew its position in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after purchasing an additional 64 shares in the last quarter. Finally, GHE LLC raised its stake in Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after purchasing an additional 69 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on EXPE shares. Benchmark increased their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their target price on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Susquehanna lifted their target price on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Finally, Cantor Fitzgerald cut their price target on Expedia Group from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Wednesday. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $177.75.

Expedia Group Trading Down 0.6 %

EXPE stock opened at $170.95 on Friday. The company has a market capitalization of $21.94 billion, a PE ratio of 22.00, a P/E/G ratio of 0.77 and a beta of 1.83. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The firm’s 50-day moving average is $183.54 and its 200 day moving average is $158.71.

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

Insider Transactions at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This represents a 5.60 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated 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 sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,951 shares of company stock valued at $3,476,610. 6.80% of the stock is currently owned by corporate insiders.

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.