Savant Capital LLC Invests $228,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Savant Capital LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,504 shares of the online travel company’s stock, valued at approximately $228,000.

Other institutional investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Expedia Group by 242.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 262,519 shares of the online travel company’s stock valued at $27,058,000 after buying an additional 185,880 shares in the last quarter. Panagora Asset Management Inc. grew its stake in Expedia Group by 61.2% during the third quarter. Panagora Asset Management Inc. now owns 485,649 shares of the online travel company’s stock valued at $50,056,000 after acquiring an additional 184,392 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its holdings in Expedia Group by 119.8% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 302,596 shares of the online travel company’s stock worth $31,189,000 after acquiring an additional 164,919 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its stake in Expedia Group by 48.2% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 253,152 shares of the online travel company’s stock worth $26,092,000 after purchasing an additional 82,344 shares in the last quarter. Finally, Sycale Advisors NY LLC boosted its holdings in Expedia Group by 200.0% in the 3rd quarter. Sycale Advisors NY LLC now owns 121,800 shares of the online travel company’s stock valued at $12,554,000 after purchasing an additional 81,200 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Barclays decreased their price target on shares of Expedia Group from $158.00 to $138.00 and set an “equal weight” rating on the stock in a report on Monday. TD Cowen lowered their price target on Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. HSBC cut their price objective on Expedia Group from $166.00 to $132.00 and set a “hold” rating for the company in a report on Tuesday. StockNews.com upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Finally, Piper Sandler cut shares of Expedia Group from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $175.00 to $145.00 in a research note on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $149.12.

Expedia Group Stock Down 2.7 %

Expedia Group stock opened at $112.91 on Wednesday. Expedia Group, Inc. has a 12 month low of $88.81 and a 12 month high of $160.05. The stock has a fifty day simple moving average of $132.97 and a two-hundred day simple moving average of $135.73. The firm has a market cap of $15.39 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 0.35 and a beta of 1.83. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 2.93.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. Equities analysts predict that Expedia Group, Inc. will post 9.7 EPS for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction that occurred on 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 in the company, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.07% of the stock is currently owned by insiders.

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.