Greenleaf Trust Buys 217 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Greenleaf Trust increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,492 shares of the online travel company’s stock after buying an additional 217 shares during the period. Greenleaf Trust’s holdings in Expedia Group were worth $378,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. City State Bank boosted its holdings in shares of Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new stake in Expedia Group in the 4th quarter worth about $32,000. Parkside Financial Bank & Trust raised its stake in Expedia Group by 173.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares in the last quarter. UMB Bank n.a. raised its stake in Expedia Group by 79.7% in the 3rd quarter. UMB Bank n.a. now owns 354 shares of the online travel company’s stock worth $36,000 after purchasing an additional 157 shares in the last quarter. Finally, MV Capital Management Inc. raised its stake in Expedia Group by 335.6% in the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after purchasing an additional 245 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 2.6 %

EXPE opened at $135.02 on Wednesday. Expedia Group, Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $160.05. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market capitalization of $18.40 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 0.39 and a beta of 1.86. The company’s 50 day moving average price is $134.34 and its two-hundred day moving average price is $133.64.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. As a group, research analysts predict that Expedia Group, Inc. will post 9.74 earnings per share for the current year.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

Several analysts have weighed in on EXPE shares. Jefferies Financial Group dropped their price objective on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a research note on Tuesday, March 19th. StockNews.com upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. BTIG Research lifted their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, December 27th. JPMorgan Chase & Co. boosted their target price on shares of Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Finally, Oppenheimer restated an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research report on Monday, February 5th. Thirteen analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.12.

Expedia Group Company 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.