Kingsview Wealth Management LLC Acquires Shares of 1,399 Expedia Group, Inc. (NASDAQ:EXPE)

Kingsview Wealth Management LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,399 shares of the online travel company’s stock, valued at approximately $212,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Harbor Capital Advisors Inc. boosted its position in shares of 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 purchasing an additional 75 shares in the last quarter. Nilsine Partners LLC boosted its position in shares of 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 purchasing an additional 96 shares in the last quarter. Signaturefd LLC raised its holdings in Expedia Group by 11.8% in the 3rd quarter. Signaturefd LLC now owns 1,017 shares of the online travel company’s stock worth $105,000 after acquiring an additional 107 shares during the last quarter. Knights of Columbus Asset Advisors LLC raised its holdings in Expedia Group by 0.4% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 25,321 shares of the online travel company’s stock worth $3,843,000 after acquiring an additional 112 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Expedia Group by 22.6% in the 4th quarter. Allworth Financial LP now owns 629 shares of the online travel company’s stock worth $95,000 after acquiring an additional 116 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total transaction of $757,636.62. Following the completion of the transaction, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.07% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on EXPE shares. Oppenheimer restated an “outperform” rating and issued a $175.00 price objective on shares of Expedia Group in a report on Monday, April 29th. Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective for the company. in a report on Friday, February 9th. DA Davidson restated a “neutral” rating and issued a $135.00 price objective (down from $152.00) on shares of Expedia Group in a report on Friday, May 3rd. Susquehanna restated a “neutral” rating and issued a $125.00 price objective on shares of Expedia Group in a report on Wednesday, May 15th. Finally, Benchmark reiterated a “buy” rating and set a $180.00 target price on shares of Expedia Group in a research note on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $148.12.

Expedia Group Trading Down 1.4 %

Shares of Expedia Group stock opened at $110.49 on Friday. The company has a market capitalization of $15.06 billion, a P/E ratio of 20.69, a P/E/G ratio of 0.42 and a beta of 1.83. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79. The company has a fifty day moving average of $127.50 and a 200 day moving average of $136.51. Expedia Group, Inc. has a fifty-two week low of $92.00 and a fifty-two week high of $160.05.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.96) by $0.57. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.80 billion. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 9.35 earnings per share for the current fiscal year.

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.