Russell Investments Group Ltd. holds a $4.78 million position in Expedia Group, Inc. (NASDAQ:EXPE)

Russell Investments Group Ltd. increased its stake in shares of Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) by 8.5% in Q1, according to the company in its most recent Form 13F filing with the SEC. The company held 24,481 shares of the online travel company’s shares after buying an additional 1,915 shares during the quarter. The holdings of Russell Investments Group Ltd. in Expedia Group were worth $4,783,000 when it was last filed with the SEC.

Several other institutional investors also changed their positions in EXPE. FNY Investment Advisers LLC acquired a new stake in Expedia Group stock during the first quarter worth approximately $29,000. Parkside Financial Bank & Trust increased its holdings of Expedia Group shares by 41.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company worth $36,000 after buying 58 more shares during the period. Hoey Investments Inc. acquired a new stake in Expedia Group stock during the fourth quarter worth approximately $54,000. Quent Capital LLC acquired a new stake in Expedia Group stock during the fourth quarter worth approximately $56,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Expedia Group in the first quarter worth approximately $68,000. 96.08% of the shares are currently held by institutional investors and hedge funds.

Wall Street analysts predict growth

EXPE has been the subject of several analyst reports. Barclays raised its price target on Expedia Group shares from $157.00 to $161.00 and gave the company an “overweight” rating in a Friday, Aug. 5 research note. JPMorgan Chase & Co. cut its price target on Expedia Group shares from $206.00 to $125.00 and set a “neutral” rating for the company in a Wednesday, June 29 research note. Ascendant Capital Markets set a target price of $202.00 on Expedia Group shares in a Monday, June 20 research note. Atlantic Securities cut its target price on Expedia Group shares to $125.00 in a research note on Tuesday. Finally, UBS Group cut its price target on Expedia Group shares from $183.00 to $108.00 and set a “neutral” rating for the company in a Monday, Aug. 1 research note. Fourteen analysts gave the stock a hold rating and twelve gave the company a buy rating. According to MarketBeat, Expedia Group has an average rating of “Hold” and a consensus target price of $178.65.

Expedia Group stock up 5.4%

NASDAQ:EXPE shares opened at $109.23 on Thursday. Expedia Group, Inc. has a 52-week low of $88.70 and a 52-week high of $217.72. The company has a debt ratio of 1.99, a quick ratio of 0.89 and a current ratio of 0.85. The company’s fifty-day moving average is $103.41 and its 200-day moving average is $149.70. The company has a market capitalization of $17.16 billion, a PE ratio of 54.34, a P/E/G ratio of 1.66 and a beta of 1.60.

Expedia Group (NASDAQ:EXPE – Get Rating) last released its results on Thursday, August 4. The online travel company reported EPS of $1.96 for the quarter, beating the consensus estimate of $1.57 by $0.39. Expedia Group achieved a net margin of 4.26% and a return on equity of 22.14%. The company posted revenue of $3.18 billion for the quarter, versus a consensus estimate of $2.99 ​​billion. During the same quarter of the previous year, the company achieved EPS of ($1.77). The company’s revenue for the quarter increased 50.7% compared to the same quarter last year. Equity research analysts expect Expedia Group, Inc. to post earnings per share of 4.42 for the current fiscal year.

Insider activity

Separately, CAO Lance A. Soliday sold 376 shares of the company in a transaction on Monday, May 16. The shares were sold at an average price of $124.12, for a total value of $46,669.12. As a result of the sale, the accounting chief now owns 8,949 shares of the company, valued at approximately $1,110,749.88. The sale was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC’s website. 5.00% of the shares are held by insiders.

Expedia Group Company Profile

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Expedia Group, Inc. operates as an online travel agency in the United States and internationally. The Company operates through Retail, B2B and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; for the marketing and distribution of accommodation; Vrbo, an online marketplace for alternative accommodation; Orbitz, Travelocity and CheapTickets travel websites; ebookers, an EMEA online travel agency offering travelers a range of travel options; Hotwire, which offers travel reservation services;, an online car rental reservation service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, an advice provider for travelers booking cruises.

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Institutional ownership by quarter for Expedia Group (NASDAQ: EXPE)

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