Tokio Marine Asset Management Co. Ltd. Increases Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Tokio Marine Asset Management Co. Ltd. grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,542 shares of the online travel company’s stock after buying an additional 197 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Expedia Group were worth $689,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. City State Bank boosted its stake in shares of Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after acquiring an additional 118 shares during the last quarter. CVA Family Office LLC acquired a new stake in shares of Expedia Group during the fourth quarter valued at $32,000. Parkside Financial Bank & Trust boosted its stake in shares of Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after acquiring an additional 218 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Expedia Group by 79.7% during the third quarter. UMB Bank n.a. now owns 354 shares of the online travel company’s stock valued at $36,000 after acquiring an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. boosted its stake in shares of Expedia Group by 335.6% during the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock valued at $48,000 after acquiring an additional 245 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s 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 completion of the transaction, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s 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 completion of the transaction, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the transaction, the chief accounting officer now directly 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. 8.07% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on EXPE. Jefferies Financial Group decreased their price objective on Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, March 19th. Wells Fargo & Company decreased their price target on Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. JPMorgan Chase & Co. raised their price target on Expedia Group from $115.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, February 9th. BMO Capital Markets started coverage on Expedia Group in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 price objective on the stock. Finally, Mizuho lifted their price objective on Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.12.

Expedia Group Trading Down 0.4 %

NASDAQ:EXPE opened at $135.70 on Friday. Expedia Group, Inc. has a 12-month low of $87.94 and a 12-month high of $160.05. The firm has a market capitalization of $18.49 billion, a P/E ratio of 25.22, a P/E/G ratio of 0.42 and a beta of 1.86. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50 day simple moving average of $134.32 and a 200 day simple moving average of $133.93.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. Equities research analysts predict that Expedia Group, Inc. will post 9.71 EPS for the current 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.