HPM Partners LLC bought a new position in Expedia Inc (NASDAQ:EXPE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,368 shares of the online travel company’s stock, valued at approximately $403,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in EXPE. Fuller & Thaler Asset Management Inc. bought a new position in Expedia in the third quarter valued at approximately $101,000. Delpha Capital Management LLC bought a new stake in Expedia during the fourth quarter worth $104,000. Dupont Capital Management Corp raised its position in 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 acquiring an additional 498 shares in the last quarter. Krilogy Financial LLC raised its position in 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 acquiring an additional 870 shares in the last quarter. Finally, Aristotle Atlantic Partners LLC acquired a new position in shares of Expedia in the fourth quarter valued at $207,000. 80.20% of the stock is owned by institutional investors.
Expedia stock opened at $107.55 on Friday. 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 Inc has a one year low of $98.52 and a one year high of $161.00. The firm has a market cap of $16,589.16, a P/E 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 quarterly earnings data 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 business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same period last year, the business earned $1.17 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. equities analysts anticipate 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 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date was Wednesday, March 7th. Expedia’s dividend payout ratio is 32.26%.
Several equities analysts recently commented on EXPE shares. Zacks Investment Research upgraded shares of Expedia from a “hold” rating to a “buy” rating and set a $148.00 price target on the stock in a research note on Tuesday, January 16th. BidaskClub raised shares of Expedia from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. SunTrust Banks raised their price objective on shares of Expedia to $180.00 and gave the company a “buy” rating in a report on Friday, January 12th. They noted that the move was a valuation call. Morgan Stanley raised shares of Expedia from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Finally, Vetr downgraded shares of Expedia from a “strong-buy” rating to a “buy” rating and set a $140.63 price target for the company. in a research report on Thursday, January 4th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have given a buy rating to the stock. Expedia currently has a consensus rating of “Buy” and a consensus target price of $145.08.
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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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