Analyst IMS Investment Management Services Ltd. grew its position in Expedia, Inc. (NASDAQ:EXPE) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,912 shares of the online travel company’s stock after acquiring an additional 1,684 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Expedia were worth $1,067,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in EXPE. Sentry Investment Management LLC increased its stake in Expedia by 1.1% in the 2nd quarter. Sentry Investment Management LLC now owns 7,502 shares of the online travel company’s stock worth $1,117,000 after buying an additional 82 shares during the period. Eqis Capital Management Inc. increased its stake in Expedia by 12.3% in the 3rd quarter. Eqis Capital Management Inc. now owns 3,433 shares of the online travel company’s stock worth $494,000 after buying an additional 376 shares during the period. CIBC Asset Management Inc increased its stake in Expedia by 2.3% in the 3rd quarter. CIBC Asset Management Inc now owns 18,940 shares of the online travel company’s stock worth $2,726,000 after buying an additional 430 shares during the period. Dupont Capital Management Corp increased its stake in Expedia by 90.9% in the 4th quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock worth $125,000 after buying an additional 498 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its stake in Expedia by 3.3% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 17,611 shares of the online travel company’s stock worth $2,535,000 after buying an additional 556 shares during the period. 82.50% of the stock is currently owned by institutional investors and hedge funds.

In other Expedia news, Director Dara Khosrowshahi sold 150,000 shares of the firm’s 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 completion of the transaction, the director now directly owns 522,348 shares of the company’s stock, valued at approximately $65,293,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lance A. Soliday sold 2,401 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The stock was 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 of the company’s stock, valued at $691,405.28. The disclosure for this sale can be found here. Company insiders own 20.88% of the company’s stock.

Shares of Expedia, Inc. (NASDAQ EXPE) opened at $101.76 on Wednesday. The company has a market cap of $15,520.00, a P/E ratio of 42.76, a P/E/G 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, Inc. has a 12 month low of $98.52 and a 12 month high of $161.00.

Expedia (NASDAQ:EXPE) last posted 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 business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the prior year, the business posted $1.17 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. analysts anticipate that Expedia, Inc. will post 4.43 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Thursday, March 8th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.18%. Expedia’s dividend payout ratio is presently 50.42%.

Several research analysts recently commented on EXPE shares. KeyCorp reaffirmed a “buy” rating and issued a $178.00 price target on shares of Expedia in a research note on Tuesday, October 17th. SunTrust Banks reissued a “buy” rating and set a $190.00 target price on shares of Expedia in a research report on Monday, October 23rd. Deutsche Bank reissued a “buy” rating and set a $171.00 target price (down previously from $175.00) on shares of Expedia in a research report on Tuesday, October 24th. Bank of America downgraded shares of Expedia from a “buy” rating to a “neutral” rating and set a $149.00 target price on the stock. in a research report on Friday, October 27th. Finally, UBS Group reissued a “buy” rating and set a $154.00 target price (down previously from $170.00) on shares of Expedia in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $150.15.

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Expedia 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.

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Institutional Ownership by Quarter for Expedia (NASDAQ:EXPE)

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