Expedia (NASDAQ:EXPE) had its price objective trimmed by Citigroup from $170.00 to $140.00 in a report released on Friday morning. The brokerage currently has a buy rating on the online travel company’s stock.

Other equities research analysts also recently issued reports about the stock. Piper Jaffray Companies increased their price target on shares of Expedia to $135.00 and gave the stock an overweight rating in a report on Friday. Cowen set a $135.00 price target on shares of Expedia and gave the stock a buy rating in a report on Sunday, October 29th. Zacks Investment Research raised shares of Expedia from a sell rating to a hold rating in a report on Wednesday, November 1st. Bank of America raised shares of Expedia from a neutral rating to a buy rating in a report on Wednesday, January 3rd. Finally, Benchmark downgraded shares of Expedia from a buy rating to a hold rating in a report on Friday. Ten research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. Expedia presently has a consensus rating of Buy and a consensus target price of $150.15.

Shares of Expedia (NASDAQ EXPE) opened at $102.82 on Friday. Expedia has a fifty-two week low of $98.52 and a fifty-two week high of $161.00. The stock has a market cap of $15,680.00, a PE ratio of 43.20, a PEG ratio of 1.41 and a beta of 0.89. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.70 and a quick ratio of 0.72.

Expedia (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.31). Expedia had a return on equity of 9.66% and a net margin of 3.76%. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the previous year, the company posted $1.17 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. research analysts predict that Expedia will post 4.43 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Thursday, March 8th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.17%. Expedia’s dividend payout ratio is currently 50.42%.

In other Expedia news, insider Lance A. Soliday sold 2,401 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $120.37, for a total transaction of $289,008.37. Following the transaction, the insider now directly owns 5,744 shares in the company, valued at $691,405.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 150,000 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $125.00, for a total transaction of $18,750,000.00. Following the transaction, the director now owns 522,348 shares in the company, valued at $65,293,500. The disclosure for this sale can be found here. Company insiders own 20.88% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of EXPE. HighTower Advisors LLC grew its position in Expedia by 152.2% during the second quarter. HighTower Advisors LLC now owns 6,634 shares of the online travel company’s stock valued at $987,000 after acquiring an additional 4,004 shares during the last quarter. Macquarie Group Ltd. grew its position in Expedia by 377.8% during the second quarter. Macquarie Group Ltd. now owns 48,253 shares of the online travel company’s stock valued at $7,188,000 after acquiring an additional 38,153 shares during the last quarter. Janus Henderson Group PLC grew its position in Expedia by 15.0% during the second quarter. Janus Henderson Group PLC now owns 393,027 shares of the online travel company’s stock valued at $58,536,000 after acquiring an additional 51,260 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Expedia by 3,537.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 58,200 shares of the online travel company’s stock valued at $8,669,000 after acquiring an additional 56,600 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Expedia by 11.3% during the second quarter. The Manufacturers Life Insurance Company now owns 141,016 shares of the online travel company’s stock valued at $21,004,000 after acquiring an additional 14,368 shares during the last quarter. Institutional investors and hedge funds own 82.50% of the company’s stock.

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Expedia Company Profile

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Analyst Recommendations for Expedia (NASDAQ:EXPE)

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