Burgundy Asset Management Ltd. raised its position in Expedia Inc (NASDAQ:EXPE) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 299,710 shares of the online travel company’s stock after purchasing an additional 6,714 shares during the period. Burgundy Asset Management Ltd.’s holdings in Expedia were worth $35,896,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. acquired a new stake in Expedia in the third quarter valued at $101,000. Dupont Capital Management Corp grew its holdings in Expedia by 90.9% in the fourth quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock valued at $125,000 after purchasing an additional 498 shares during the last quarter. Krilogy Financial LLC grew its holdings in Expedia by 2,900.0% in the third quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock valued at $130,000 after purchasing an additional 870 shares during the last quarter. Palisade Capital Management LLC NJ acquired a new stake in Expedia in the third quarter valued at $216,000. Finally, Hyman Charles D acquired a new stake in Expedia in the fourth quarter valued at $216,000. 85.71% of the stock is currently owned by institutional investors.
In related news, insider Lance A. Soliday sold 2,401 shares of the stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $120.37, for a total transaction of $289,008.37. Following the transaction, the insider now directly owns 5,744 shares in the company, valued at $691,405.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 20.88% of the company’s stock.
Expedia Inc (NASDAQ EXPE) opened at $106.62 on Tuesday. Expedia Inc has a 12-month low of $98.52 and a 12-month high of $161.00. The firm has a market capitalization of $16,190.00, a PE ratio of 46.56, a P/E/G ratio of 1.90 and a beta of 0.89. 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 released its earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing the Thomson Reuters’ 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 last year, the company posted $1.17 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. analysts predict that Expedia Inc will post 3.62 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Thursday, March 8th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 7th. This represents a $1.20 annualized dividend and a yield of 1.13%. Expedia’s dividend payout ratio (DPR) is presently 52.40%.
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.
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