Foyston Gordon & Payne Inc Has $4.12 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Foyston Gordon & Payne Inc increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,135 shares of the online travel company’s stock after acquiring an additional 74 shares during the quarter. Foyston Gordon & Payne Inc’s holdings in Expedia Group were worth $4,124,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in EXPE. Fulton Bank N.A. acquired a new stake in shares of Expedia Group in the fourth quarter worth $255,000. Harbor Capital Advisors Inc. boosted its position in Expedia Group by 2.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 5,251 shares of the online travel company’s stock worth $978,000 after acquiring an additional 130 shares during the period. Czech National Bank grew its stake in Expedia Group by 5.0% during the 4th quarter. Czech National Bank now owns 26,664 shares of the online travel company’s stock valued at $4,968,000 after acquiring an additional 1,271 shares in the last quarter. Winthrop Advisory Group LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at about $210,000. Finally, Fiduciary Alliance LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth approximately $450,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the topic of several research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Citigroup upped their price target on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. reduced their price objective on Expedia Group from $205.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Oppenheimer dropped their target price on Expedia Group from $230.00 to $210.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Wedbush reiterated a “neutral” rating and set a $165.00 price target (down from $180.00) on shares of Expedia Group in a report on Friday. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $189.04.

Insider Activity

In related news, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.80% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Expedia Group stock opened at $156.55 on Friday. The business has a 50-day moving average of $161.69 and a 200-day moving average of $175.63. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The firm has a market capitalization of $20.17 billion, a P/E ratio of 17.30, a PEG ratio of 0.92 and a beta of 1.62. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The firm’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 earnings per share. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

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.