PGGM Investments Has $6.14 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

PGGM Investments reduced its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,444 shares of the online travel company’s stock after selling 780 shares during the period. PGGM Investments’ holdings in Expedia Group were worth $6,139,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of Expedia Group by 115.8% during the 4th quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock worth $5,967,000 after purchasing an additional 21,095 shares in the last quarter. Raymond James & Associates lifted its position in Expedia Group by 6.4% in the 4th quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock valued at $39,974,000 after acquiring an additional 15,759 shares in the last quarter. AustralianSuper Pty Ltd lifted its position in Expedia Group by 14.0% in the 4th quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock valued at $54,018,000 after acquiring an additional 43,820 shares in the last quarter. AQR Capital Management LLC lifted its position in Expedia Group by 7.9% in the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock valued at $79,329,000 after acquiring an additional 56,186 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in Expedia Group by 20.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company’s stock valued at $8,305,000 after acquiring an additional 13,797 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on the company. JPMorgan Chase & Co. lifted their price target on Expedia Group from $115.00 to $136.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $155.00 target price on shares of Expedia Group in a research report on Friday, February 9th. Wedbush reissued a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a research report on Thursday, April 18th. Jefferies Financial Group decreased their target price on Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a research report on Tuesday, March 19th. Finally, Benchmark raised their target price on Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, Expedia Group presently has an average rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Trading Down 0.4 %

EXPE traded down $0.55 during midday trading on Friday, reaching $135.70. 1,412,722 shares of the company’s stock traded hands, compared to its average volume of 1,680,016. The stock has a market capitalization of $18.49 billion, a price-to-earnings ratio of 25.22, a P/E/G ratio of 0.42 and a beta of 1.86. Expedia Group, Inc. has a 52 week low of $87.94 and a 52 week high of $160.05. 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 firm has a fifty day moving average of $134.32 and a two-hundred day moving average of $134.15.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. On average, equities analysts anticipate that Expedia Group, Inc. will post 9.71 earnings per share 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 on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the sale, the chief accounting officer now owns 10,880 shares in the company, valued at approximately $1,492,844.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the transaction, the director now owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Expedia Group 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.