Boyd Watterson Asset Management LLC OH Increases Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Boyd Watterson Asset Management LLC OH boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 113.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,240 shares of the online travel company’s stock after purchasing an additional 1,192 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Expedia Group were worth $340,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC grew its holdings in shares of Expedia Group by 115.8% during the 4th quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock worth $5,967,000 after acquiring an additional 21,095 shares during the period. Raymond James & Associates grew its holdings in shares of Expedia Group by 6.4% during the 4th quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock worth $39,974,000 after acquiring an additional 15,759 shares during the period. AustralianSuper Pty Ltd grew its holdings in shares of Expedia Group by 14.0% during the 4th quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock worth $54,018,000 after acquiring an additional 43,820 shares during the period. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 7.9% during the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock worth $79,329,000 after acquiring an additional 56,186 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Expedia Group by 20.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company’s stock worth $8,305,000 after acquiring an additional 13,797 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on EXPE. The Goldman Sachs Group upped their target price on Expedia Group from $155.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Wedbush reissued a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research report on Thursday, April 18th. Bank of America cut Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price target on the stock. in a research report on Friday, February 9th. Oppenheimer reissued an “outperform” rating and issued a $175.00 price target on shares of Expedia Group in a research report on Monday, February 5th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $155.00 price target on shares of Expedia Group in a research report on Friday, February 9th. Thirteen analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $149.12.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction dated Thursday, February 22nd. The stock was 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 $1,492,844.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, February 1st. The stock was 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 $32,486,810.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, the chief accounting officer now 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.

Expedia Group Stock Performance

Expedia Group stock traded down $0.55 during trading on Friday, reaching $135.70. The company had a trading volume of 1,412,722 shares, compared to its average volume of 1,680,016. Expedia Group, Inc. has a 52 week low of $87.94 and a 52 week high of $160.05. The firm’s 50-day simple moving average is $134.32 and its 200 day simple moving average is $133.93. The firm has a market capitalization of $18.49 billion, a price-to-earnings ratio of 25.22, a price-to-earnings-growth ratio of 0.42 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. Sell-side analysts forecast that Expedia Group, Inc. will post 9.71 earnings per share for the current fiscal year.

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.