Daiwa Securities Group Inc. Has $2.56 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Daiwa Securities Group Inc. boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,310 shares of the online travel company’s stock after buying an additional 1,262 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Expedia Group were worth $2,562,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its stake in shares of Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after purchasing an additional 596,510 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Expedia Group by 14.8% in 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 last quarter. AustralianSuper Pty Ltd boosted its position in 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 buying an additional 64,332 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake 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 worth $96,171,000 after buying an additional 75,120 shares during the last quarter. Finally, Equity Investment Corp increased its holdings in shares of Expedia Group by 1.4% during the third quarter. Equity Investment Corp now owns 576,036 shares of the online travel company’s stock worth $85,265,000 after buying an additional 8,066 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on EXPE shares. TD Cowen downgraded Expedia Group from a “buy” rating to a “hold” rating and raised their price objective for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. UBS Group boosted their price target on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. raised their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wedbush boosted their target price on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $140.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Twenty research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and an average price target of $167.67.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,951 shares of company stock worth $6,197,710. Insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.7 %

Shares of Expedia Group stock opened at $184.92 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $190.40. The stock has a 50 day moving average price of $162.14 and a two-hundred day moving average price of $138.64. The stock has a market capitalization of $23.73 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 0.72 and a beta of 1.78.

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.