Fiera Capital Corp Increases Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Fiera Capital Corp boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 31.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 474,753 shares of the online travel company's stock after acquiring an additional 112,610 shares during the quarter. Fiera Capital Corp owned 0.36% of Expedia Group worth $70,273,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EXPE. Keynote Financial Services LLC purchased a new stake in shares of Expedia Group in the third quarter worth approximately $217,000. Cozad Asset Management Inc. grew its position in Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company's stock valued at $4,562,000 after acquiring an additional 4,449 shares during the period. Beacon Financial Advisory LLC bought a new position in Expedia Group in the 3rd quarter valued at $234,000. Asset Management One Co. Ltd. raised its position in Expedia Group by 2.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 49,521 shares of the online travel company's stock worth $7,330,000 after purchasing an additional 1,249 shares during the last quarter. Finally, National Pension Service raised its holdings in Expedia Group by 6.7% during the 3rd quarter. National Pension Service now owns 261,481 shares of the online travel company's stock worth $38,704,000 after purchasing an additional 16,411 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Up 3.8 %

Shares of Expedia Group stock traded up $6.63 during trading on Friday, reaching $180.76. The stock had a trading volume of 4,870,933 shares, compared to its average volume of 2,184,719. The company has a market capitalization of $23.53 billion, a price-to-earnings ratio of 23.26, a P/E/G ratio of 0.62 and a beta of 1.78. The stock has a fifty day moving average price of $149.81 and a two-hundred day moving average price of $133.47. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $190.40.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same period in the previous year, the business earned $2.34 earnings per share. The company's revenue was up 6.0% on a year-over-year basis. Sell-side analysts predict that Expedia Group, Inc. will post 8.99 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Susquehanna increased their price target on Expedia Group from $125.00 to $145.00 and gave the stock a "neutral" rating in a report on Monday, August 12th. BTIG Research increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Friday. Benchmark increased their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "buy" rating in a research report on Friday. Bank of America lifted their price objective on shares of Expedia Group from $144.00 to $166.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Finally, DA Davidson reiterated a "neutral" rating and set a $135.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Twenty research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $159.88.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the business's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares in the company, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the firm's stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 48,019 shares of company stock worth $6,958,891 in the last quarter. 6.80% of the stock is owned by corporate insiders.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.