Brinker Capital Inc. Acquires 6,119 Shares of Expedia Group Inc (NASDAQ:EXPE)

Brinker Capital Inc. grew its holdings in shares of Expedia Group Inc (NASDAQ:EXPE) by 11.8% in the third quarter, HoldingsChannel.com reports. The fund owned 57,910 shares of the online travel company’s stock after purchasing an additional 6,119 shares during the period. Brinker Capital Inc.’s holdings in Expedia Group were worth $7,784,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of EXPE. Lenox Wealth Advisors LLC boosted its position in shares of Expedia Group by 113.3% during the 3rd quarter. Lenox Wealth Advisors LLC now owns 192 shares of the online travel company’s stock valued at $26,000 after acquiring an additional 102 shares during the last quarter. WealthStone Inc. bought a new stake in shares of Expedia Group during the 2nd quarter valued at about $27,000. FNY Investment Advisers LLC bought a new stake in shares of Expedia Group during the 2nd quarter valued at about $28,000. Signaturefd LLC boosted its position in shares of Expedia Group by 75.8% during the 3rd quarter. Signaturefd LLC now owns 276 shares of the online travel company’s stock valued at $37,000 after acquiring an additional 119 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of Expedia Group during the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 80.15% of the company’s stock.

Expedia Group stock traded up $0.25 during trading hours on Monday, reaching $136.28. The company had a trading volume of 18,386 shares, compared to its average volume of 1,202,963. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.76 and a quick ratio of 0.76. The company has a 50-day moving average price of $133.06 and a 200 day moving average price of $128.34. The firm has a market cap of $20.35 billion, a price-to-earnings ratio of 28.35, a P/E/G ratio of 1.72 and a beta of 1.08. Expedia Group Inc has a 12-month low of $108.11 and a 12-month high of $144.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, July 25th. The online travel company reported $1.47 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.07. The business had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Expedia Group had a return on equity of 14.20% and a net margin of 5.36%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 EPS. As a group, research analysts expect that Expedia Group Inc will post 5.8 earnings per share for the current year.

A number of analysts have recently issued reports on EXPE shares. Morgan Stanley lifted their price target on Expedia Group from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. UBS Group raised their price objective on Expedia Group to $156.00 and gave the company a “buy” rating in a report on Friday, July 26th. Barclays reissued a “buy” rating and set a $151.00 price objective on shares of Expedia Group in a report on Wednesday, October 16th. Bank of America reissued a “buy” rating and set a $160.00 price objective (up from $153.00) on shares of Expedia Group in a report on Friday, July 26th. Finally, Jefferies Financial Group raised their price objective on Expedia Group from $160.00 to $170.00 and gave the company a “buy” rating in a report on Friday, July 26th. Ten research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. Expedia Group presently has an average rating of “Buy” and a consensus price target of $153.41.

In other Expedia Group news, insider Robert J. Dzielak sold 9,222 shares of Expedia Group stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $135.19, for a total value of $1,246,722.18. Following the transaction, the insider now directly owns 36,029 shares of the company’s stock, valued at approximately $4,870,760.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan C. Athey sold 2,425 shares of Expedia Group stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $134.59, for a total value of $326,380.75. Following the completion of the transaction, the director now directly owns 1,462 shares in the company, valued at $196,770.58. The disclosure for this sale can be found here. Insiders sold a total of 117,671 shares of company stock worth $15,635,833 over the last ninety days. Insiders own 20.96% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

See Also: What is a Backdoor Roth IRA?

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group Inc (NASDAQ:EXPE).

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

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.