SG Americas Securities LLC Has $7.81 Million Stake in Expedia, Inc. (EXPE)

SG Americas Securities LLC lifted its position in Expedia, Inc. (NASDAQ:EXPE) by 6,584.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,278 shares of the online travel company’s stock after buying an additional 53,466 shares during the period. SG Americas Securities LLC’s holdings in Expedia were worth $7,813,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXPE. San Francisco Sentry Investment Group CA bought a new position in shares of Expedia in the second quarter worth approximately $102,000. Fiduciary Trust Co. bought a new position in shares of Expedia in the second quarter worth approximately $127,000. Sun Life Financial INC lifted its stake in shares of Expedia by 10,987.5% in the second quarter. Sun Life Financial INC now owns 887 shares of the online travel company’s stock worth $132,000 after buying an additional 879 shares in the last quarter. Dupont Capital Management Corp bought a new position in shares of Expedia in the second quarter worth approximately $143,000. Finally, Pathstone Family Office LLC lifted its stake in shares of Expedia by 15,833.3% in the second quarter. Pathstone Family Office LLC now owns 956 shares of the online travel company’s stock worth $143,000 after buying an additional 950 shares in the last quarter. Hedge funds and other institutional investors own 82.88% of the company’s stock.

Several research analysts have recently issued reports on EXPE shares. Zacks Investment Research downgraded shares of Expedia from a “hold” rating to a “sell” rating in a research note on Monday, September 11th. Citigroup Inc. reiterated a “buy” rating and issued a $170.00 target price (down previously from $180.00) on shares of Expedia in a research note on Friday, October 27th. Cowen and Company restated a “buy” rating and set a $170.00 price objective on shares of Expedia in a research report on Sunday, August 27th. Deutsche Bank AG restated a “buy” rating and set a $175.00 price objective (up previously from $158.00) on shares of Expedia in a research report on Wednesday, July 26th. Finally, SunTrust Banks, Inc. restated a “buy” rating and set a $190.00 price objective on shares of Expedia in a research report on Monday, August 28th. Nine investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the company. Expedia presently has a consensus rating of “Buy” and a consensus price target of $159.61.

In other Expedia news, Director Dara Khosrowshahi sold 10,590 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $117.58, for a total transaction of $1,245,172.20. Following the completion of the transaction, the director now owns 422,348 shares in the company, valued at $49,659,677.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Victor Kaufman sold 119,575 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $123.67, for a total transaction of $14,787,840.25. Following the transaction, the insider now owns 169,575 shares of the company’s stock, valued at approximately $20,971,340.25. The disclosure for this sale can be found here. Insiders have sold 215,048 shares of company stock valued at $26,819,142 in the last quarter. 20.95% of the stock is owned by company insiders.

Expedia, Inc. (NASDAQ EXPE) traded up $1.91 on Friday, reaching $123.95. 2,489,291 shares of the company traded hands, compared to its average volume of 2,065,587. The stock has a market capitalization of $18,610.00, a PE ratio of 30.75, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. Expedia, Inc. has a 52 week low of $111.88 and a 52 week high of $161.00. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.60.

Expedia (NASDAQ:EXPE) last posted its earnings results on Thursday, October 26th. The online travel company reported $2.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.61 by ($0.10). Expedia had a net margin of 11.78% and a return on equity of 32.00%. The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.98 billion. During the same period in the previous year, the business posted $2.41 earnings per share. The business’s revenue was up 14.9% on a year-over-year basis. analysts anticipate that Expedia, Inc. will post 3.91 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.20 annualized dividend and a yield of 0.97%. Expedia’s dividend payout ratio (DPR) is currently 47.43%.

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About Expedia

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.

Institutional Ownership by Quarter for Expedia (NASDAQ:EXPE)

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