Expedia Group, Inc. (NASDAQ:EXPE) Stock Holdings Trimmed by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky cut its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,111 shares of the online travel company’s stock after selling 1,266 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Expedia Group were worth $1,838,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Amalgamated Bank grew its holdings in shares of Expedia Group by 22.3% during the fourth quarter. Amalgamated Bank now owns 47,184 shares of the online travel company’s stock valued at $7,162,000 after purchasing an additional 8,595 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Expedia Group by 115.8% during the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock valued at $5,967,000 after purchasing an additional 21,095 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Expedia Group by 6.4% during the fourth quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock valued at $39,974,000 after purchasing an additional 15,759 shares during the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of Expedia Group by 80.2% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 16,338 shares of the online travel company’s stock valued at $2,480,000 after purchasing an additional 7,270 shares during the last quarter. Finally, AustralianSuper Pty Ltd grew its holdings in shares of Expedia Group by 14.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock valued at $54,018,000 after purchasing an additional 43,820 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $127.72 on Friday. Expedia Group, Inc. has a one year low of $92.48 and a one year high of $160.05. The stock has a fifty day moving average of $121.00 and a 200-day moving average of $134.96. The company has a market capitalization of $17.41 billion, a PE ratio of 23.92, a price-to-earnings-growth ratio of 0.47 and a beta of 1.78. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.57. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.80 billion. As a group, equities analysts anticipate that Expedia Group, Inc. will post 9.33 EPS for the current fiscal year.

Insider Activity

In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total transaction of $757,636.62. Following the sale, the director now directly owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at $1,268,382.06. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on EXPE shares. Evercore ISI lowered their target price on Expedia Group from $190.00 to $175.00 and set an “outperform” rating for the company in a report on Friday, May 3rd. DA Davidson reiterated a “neutral” rating and set a $135.00 price objective (down from $152.00) on shares of Expedia Group in a research report on Friday, May 3rd. Wells Fargo & Company reduced their price objective on Expedia Group from $149.00 to $137.00 and set an “equal weight” rating for the company in a research report on Friday, May 3rd. BTIG Research reduced their price objective on Expedia Group from $175.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, May 21st. Finally, Susquehanna reiterated a “neutral” rating and set a $125.00 price objective on shares of Expedia Group in a research report on Wednesday, May 15th. Sixteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $148.12.

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.