Thrivent Financial For Lutherans Acquires 3,419 Shares of Expedia Inc (EXPE)

Thrivent Financial For Lutherans grew its position in shares of Expedia Inc (NASDAQ:EXPE) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,819 shares of the online travel company’s stock after buying an additional 3,419 shares during the quarter. Thrivent Financial For Lutherans’ holdings in Expedia were worth $8,602,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. lifted its position in shares of Expedia by 18.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 6,965 shares of the online travel company’s stock worth $1,003,000 after purchasing an additional 1,094 shares in the last quarter. Prudential Financial Inc. lifted its holdings in Expedia by 0.3% in the third quarter. Prudential Financial Inc. now owns 169,986 shares of the online travel company’s stock valued at $24,468,000 after buying an additional 570 shares during the period. Candriam Luxembourg S.C.A. lifted its holdings in Expedia by 11.0% in the third quarter. Candriam Luxembourg S.C.A. now owns 8,137 shares of the online travel company’s stock valued at $1,171,000 after buying an additional 806 shares during the period. Global X MANAGEMENT CO LLC lifted its holdings in Expedia by 28.1% in the third quarter. Global X MANAGEMENT CO LLC now owns 3,988 shares of the online travel company’s stock valued at $574,000 after buying an additional 876 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in Expedia by 2.3% in the third quarter. CIBC Asset Management Inc now owns 18,940 shares of the online travel company’s stock valued at $2,726,000 after buying an additional 430 shares during the period. 80.20% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Expedia stock opened at $107.55 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.61. Expedia Inc has a twelve month low of $98.52 and a twelve month high of $161.00. The stock has a market capitalization of $16,589.16, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 1.85 and a beta of 1.04.

Expedia (NASDAQ:EXPE) last released its earnings results on Thursday, February 8th. The online travel company reported $0.84 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.31). Expedia had a net margin of 3.76% and a return on equity of 9.66%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. During the same period in the prior year, the business earned $1.17 earnings per share. Expedia’s quarterly revenue was up 10.8% compared to the same quarter last year. equities research analysts expect that Expedia Inc will post 3.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 28th. Shareholders of record on Thursday, March 8th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, March 7th. Expedia’s dividend payout ratio is currently 32.26%.

Several equities analysts recently weighed in on EXPE shares. MKM Partners cut their price objective on shares of Expedia from $115.00 to $101.00 and set a “neutral” rating on the stock in a report on Wednesday, February 21st. Barclays upped their target price on shares of Expedia from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, March 7th. Zacks Investment Research raised shares of Expedia from a “hold” rating to a “buy” rating and set a $148.00 target price for the company in a research note on Tuesday, January 16th. Mizuho initiated coverage on shares of Expedia in a research note on Wednesday, March 21st. They issued a “neutral” rating and a $120.00 target price for the company. Finally, SunTrust Banks increased their price objective on shares of Expedia to $180.00 and gave the stock a “buy” rating in a research report on Friday, January 12th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $145.08.

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Expedia Company Profile

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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