Kentucky Retirement Systems Insurance Trust Fund Has $546,000 Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Kentucky Retirement Systems Insurance Trust Fund cut its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,691 shares of the online travel company’s stock after selling 404 shares during the period. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Expedia Group were worth $546,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in EXPE. Pacer Advisors Inc. lifted its position in shares of Expedia Group by 36.8% in the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Expedia Group by 14.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock valued at $132,851,000 after purchasing an additional 135,973 shares during the period. AustralianSuper Pty Ltd lifted its holdings in shares of Expedia Group by 8.5% in the third quarter. AustralianSuper Pty Ltd now owns 817,592 shares of the online travel company’s stock valued at $121,020,000 after purchasing an additional 64,332 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Expedia Group by 13.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares in the last quarter. Finally, Equity Investment Corp grew its holdings in shares of Expedia Group by 19.6% during the second quarter. Equity Investment Corp now owns 567,970 shares of the online travel company’s stock valued at $71,558,000 after buying an additional 93,184 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Trading Down 0.5 %

Shares of EXPE opened at $180.40 on Tuesday. The stock’s 50-day moving average price is $155.40 and its 200 day moving average price is $135.40. The company has a quick ratio of 0.76, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $23.48 billion, a price-to-earnings ratio of 23.22, a P/E/G ratio of 0.71 and a beta of 1.78. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $190.40.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Benchmark upped their target price on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Barclays upped their price objective on shares of Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and lifted their target price for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Oppenheimer upped their price target on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group lifted their price objective on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $164.88.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now owns 198,505 shares in the company, valued at $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 37,000 shares of company stock worth $5,846,530. Company insiders own 6.80% of the company’s stock.

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.