Vontobel Holding Ltd. Lowers Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Vontobel Holding Ltd. reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 15.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,328 shares of the online travel company’s stock after selling 4,171 shares during the period. Vontobel Holding Ltd.’s holdings in Expedia Group were worth $3,541,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. grew its stake in Expedia Group by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock worth $773,000 after acquiring an additional 75 shares during the period. Harbour Investments Inc. grew its stake in Expedia Group by 25.6% in the 3rd quarter. Harbour Investments Inc. now owns 398 shares of the online travel company’s stock worth $41,000 after acquiring an additional 81 shares during the period. Nilsine Partners LLC grew its stake in Expedia Group by 1.7% in the 4th quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock worth $869,000 after acquiring an additional 96 shares during the period. IHT Wealth Management LLC grew its stake in Expedia Group by 3.2% in the 2nd quarter. IHT Wealth Management LLC now owns 3,194 shares of the online travel company’s stock worth $349,000 after acquiring an additional 100 shares during the period. Finally, Wetherby Asset Management Inc. grew its stake in Expedia Group by 3.9% in the 1st quarter. Wetherby Asset Management Inc. now owns 2,694 shares of the online travel company’s stock worth $527,000 after acquiring an additional 100 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

EXPE opened at $128.73 on Thursday. The company has a 50-day moving average of $135.04 and a 200-day moving average of $132.55. The company has a market capitalization of $17.54 billion, a P/E ratio of 23.93, a PEG ratio of 0.39 and a beta of 1.86. Expedia Group, Inc. has a 1-year low of $87.94 and a 1-year high of $160.05. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.10. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. Equities analysts expect that Expedia Group, Inc. will post 9.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wedbush reiterated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a report on Friday, February 9th. Jefferies Financial Group decreased their price target on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, March 19th. The Goldman Sachs Group lifted their price target on shares of Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a report on Friday, January 19th. StockNews.com upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 14th. Finally, Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price target on the stock. in a report on Friday, February 9th. Thirteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $149.12.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the sale, the director now owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The disclosure for this sale can be found here. Insiders own 8.07% 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.