WINTON GROUP Ltd lowered its holdings in Expedia Inc (NASDAQ:EXPE) by 55.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,898 shares of the online travel company’s stock after selling 4,770 shares during the period. WINTON GROUP Ltd’s holdings in Expedia were worth $467,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of EXPE. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Expedia in the third quarter valued at $101,000. Krilogy Financial LLC raised its stake in shares of 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 buying an additional 870 shares during the period. Dupont Capital Management Corp raised its stake in shares of 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 buying an additional 498 shares during the period. Zeke Capital Advisors LLC bought a new stake in shares of Expedia in the third quarter valued at $227,000. Finally, Hyman Charles D bought a new stake in shares of Expedia in the fourth quarter valued at $216,000. 80.33% of the stock is currently owned by institutional investors and hedge funds.
In other news, insider Lance A. Soliday sold 2,401 shares of the company’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the completion of the transaction, the insider now directly owns 5,744 shares in the company, valued at approximately $691,405.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 20.88% of the stock is currently owned by corporate insiders.
Expedia (NASDAQ:EXPE) last announced its earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.31). The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. Expedia had a return on equity of 9.66% and a net margin of 3.76%. Expedia’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.17 earnings per share. equities analysts predict that Expedia Inc will post 3.62 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Thursday, March 8th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Wednesday, March 7th. Expedia’s payout ratio is currently 52.63%.
Several analysts have issued reports on the company. Barclays boosted their target price on Expedia from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, March 7th. Credit Suisse Group set a $129.00 price objective on Expedia and gave the company a “buy” rating in a research note on Thursday, March 1st. MKM Partners decreased their price objective on Expedia from $115.00 to $101.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 21st. Zacks Investment Research lowered Expedia from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, JPMorgan Chase & Co. decreased their price objective on Expedia from $129.00 to $115.00 and set a “neutral” rating on the stock in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nineteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $148.52.
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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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