FBN Securities cut shares of LIBERTY EXPED-A (NASDAQ:LEXEA) from an outperform rating to a sector perform rating in a report issued on Monday. The analysts noted that the move was a valuation call.

Shares of LIBERTY EXPED-A (LEXEA) traded down $1.11 during midday trading on Monday, hitting $44.35. 653,910 shares of the company traded hands, compared to its average volume of 308,745. LIBERTY EXPED-A has a one year low of $35.96 and a one year high of $58.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.73 and a current ratio of 0.73.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its stake in shares of LIBERTY EXPED-A by 118.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 1,943 shares of the technology company’s stock valued at $105,000 after buying an additional 1,052 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of LIBERTY EXPED-A in the 2nd quarter valued at $106,000. Quantbot Technologies LP increased its stake in shares of LIBERTY EXPED-A by 1,524.0% in the 3rd quarter. Quantbot Technologies LP now owns 2,371 shares of the technology company’s stock valued at $125,000 after buying an additional 2,225 shares during the period. Sei Investments Co. acquired a new stake in shares of LIBERTY EXPED-A in the 2nd quarter valued at $201,000. Finally, M&T Bank Corp acquired a new stake in shares of LIBERTY EXPED-A in the 2nd quarter valued at $207,000. 82.96% of the stock is owned by institutional investors.

LIBERTY EXPED-A Company Profile

Liberty Expedia Holdings, Inc is a holding company. The Company holds interests in Expedia, Inc (Expedia) and Bodybuilding.com, LLC (Bodybuilding). The Company’s segments include Bodybuilding and Expedia. Bodybuilding is an Internet retailer of sports, fitness and nutritional supplements. Expedia provides travel and services to leisure and corporate travelers in the United States and abroad, as well as various media and advertising offerings to travel and non-travel advertisers.

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