Franklin Resources Inc. boosted its position in shares of Expedia Inc (NASDAQ:EXPE) by 25.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 857,094 shares of the online travel company’s stock after buying an additional 173,072 shares during the quarter. Franklin Resources Inc. owned 0.56% of Expedia worth $102,654,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. Fuller & Thaler Asset Management Inc. purchased a new position in Expedia during the third quarter worth $101,000. Delpha Capital Management LLC bought a new stake in shares of Expedia during the fourth quarter worth $104,000. Dupont Capital Management Corp lifted its position in shares of Expedia by 90.9% during the fourth quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock worth $125,000 after purchasing an additional 498 shares during the last quarter. Krilogy Financial LLC lifted its position in shares of Expedia by 2,900.0% during the third quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock worth $130,000 after purchasing an additional 870 shares during the last quarter. Finally, Aristotle Atlantic Partners LLC bought a new stake in shares of Expedia during the fourth quarter worth $207,000. 80.20% of the stock is owned by institutional investors.
EXPE has been the subject of several research analyst reports. Oppenheimer reiterated a “buy” rating on shares of Expedia in a research report on Wednesday, December 20th. Bank of America upgraded Expedia from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 3rd. Vetr downgraded Expedia from a “strong-buy” rating to a “buy” rating and set a $140.63 target price for the company. in a research report on Thursday, January 4th. BidaskClub upgraded Expedia from a “strong sell” rating to a “sell” rating in a research report on Friday, January 5th. Finally, Morgan Stanley upgraded Expedia from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-one have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $145.08.
Shares of EXPE stock opened at $107.55 on Friday. Expedia Inc has a fifty-two week low of $98.52 and a fifty-two week high of $161.00. The stock has a market cap of $16,589.16, a PE ratio of 28.91, a price-to-earnings-growth ratio of 1.85 and a beta of 1.04. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.70 and a current ratio of 0.70.
Expedia (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.31). Expedia had a return on equity of 9.66% and a net margin of 3.76%. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the previous year, the firm posted $1.17 EPS. Expedia’s revenue was up 10.8% on a year-over-year basis. sell-side analysts predict that Expedia Inc will post 3.59 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 28th. Investors of record on Thursday, March 8th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $1.20 dividend on an annualized basis and a yield of 1.12%. Expedia’s dividend payout ratio is currently 32.26%.
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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.
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