Twin Capital Management Inc. Has $484,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Twin Capital Management Inc. reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,188 shares of the online travel company’s stock after selling 104 shares during the quarter. Twin Capital Management Inc.’s holdings in Expedia Group were worth $484,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of Expedia Group by 115.8% during the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock worth $5,967,000 after purchasing an additional 21,095 shares during the period. Raymond James & Associates raised its position in Expedia Group by 6.4% during the fourth quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock valued at $39,974,000 after acquiring an additional 15,759 shares in the last quarter. AustralianSuper Pty Ltd raised its position in Expedia Group by 14.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock valued at $54,018,000 after acquiring an additional 43,820 shares in the last quarter. AQR Capital Management LLC raised its position in Expedia Group by 7.9% during the third quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock valued at $79,329,000 after acquiring an additional 56,186 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in Expedia Group by 20.7% during the third quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company’s stock valued at $8,305,000 after acquiring an additional 13,797 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group 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 sale, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group 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 sale, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the sale, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

Expedia Group Trading Up 0.5 %

Shares of EXPE stock opened at $129.00 on Friday. Expedia Group, Inc. has a 1 year low of $87.94 and a 1 year high of $160.05. The firm’s fifty day simple moving average is $134.37 and its 200 day simple moving average is $132.71. The firm has a market capitalization of $17.58 billion, a P/E ratio of 23.98, a price-to-earnings-growth ratio of 0.39 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 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 the consensus estimate of $2.88 billion. As a group, sell-side analysts predict that Expedia Group, Inc. will post 9.74 EPS for the current year.

Analysts Set New Price Targets

EXPE has been the topic of several recent research reports. StockNews.com raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Oppenheimer reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Expedia Group in a research report on Monday, February 5th. Mizuho raised their price objective on shares of Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $155.00 price objective on shares of Expedia Group in a research report on Friday, February 9th. Finally, Bank of America lowered shares of 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. Thirteen analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.