Nisa Investment Advisors LLC Has $11.18 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Nisa Investment Advisors LLC raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 17.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,003 shares of the online travel company’s stock after acquiring an additional 9,086 shares during the period. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $11,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Hantz Financial Services Inc. grew its position in shares of Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after purchasing an additional 62 shares during the period. Empirical Finance LLC boosted its holdings in shares of Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after buying an additional 63 shares during the period. UMB Bank n.a. increased its position in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after acquiring an additional 63 shares in the last quarter. Venture Visionary Partners LLC raised its holdings in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after acquiring an additional 64 shares during the period. Finally, GHE LLC lifted its position in Expedia Group by 1.0% in the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after acquiring an additional 69 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock valued at $5,045,310 in the last 90 days. 6.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Susquehanna raised their price target on Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 11th. The Goldman Sachs Group upped their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Oppenheimer boosted their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $175.96.

Expedia Group Stock Up 1.9 %

Shares of NASDAQ EXPE opened at $176.89 on Friday. The company has a market cap of $22.70 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 0.82 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The stock has a 50-day moving average price of $184.57 and a two-hundred day moving average price of $157.11.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The company had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the company earned $4.85 earnings per share. As a group, analysts forecast that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

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.