Ashburton Jersey Ltd Has $3.79 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Ashburton Jersey Ltd boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 28.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,955 shares of the online travel company’s stock after purchasing an additional 5,580 shares during the quarter. Expedia Group comprises 1.7% of Ashburton Jersey Ltd’s portfolio, making the stock its 18th biggest holding. Ashburton Jersey Ltd’s holdings in Expedia Group were worth $3,788,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of EXPE. City State Bank increased its stake in Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after purchasing an additional 118 shares in the last quarter. CVA Family Office LLC bought a new stake in Expedia Group in the 4th quarter valued at about $32,000. Parkside Financial Bank & Trust lifted its stake in shares of Expedia Group by 173.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after buying an additional 218 shares in the last quarter. MV Capital Management Inc. boosted its holdings in shares of Expedia Group by 335.6% in the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after acquiring an additional 245 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new position in Expedia Group during the 4th quarter valued at about $65,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

NASDAQ:EXPE traded up $1.22 during mid-day trading on Thursday, reaching $134.36. 1,136,910 shares of the stock were exchanged, compared to its average volume of 2,397,189. The stock has a market capitalization of $18.31 billion, a P/E ratio of 24.75, a P/E/G ratio of 0.41 and a beta of 1.83. Expedia Group, Inc. has a 1 year low of $87.94 and a 1 year high of $160.05. The company has a 50 day simple moving average of $134.29 and a 200-day simple moving average of $134.85. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Analysts anticipate that Expedia Group, Inc. will post 9.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 8.07% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. BMO Capital Markets assumed coverage on Expedia Group in a report on Tuesday, January 9th. They set an “outperform” rating and a $181.00 price objective for the company. JPMorgan Chase & Co. boosted their price target on Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a report on Friday, February 9th. StockNews.com raised Expedia Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Royal Bank of Canada restated a “sector perform” rating and issued a $155.00 price objective on shares of Expedia Group in a report on Friday, February 9th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research note on Monday. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Company Profile

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.