Hohimer Wealth Management LLC Has $3.45 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Hohimer Wealth Management LLC raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,310 shares of the online travel company’s stock after acquiring an additional 127 shares during the period. Hohimer Wealth Management LLC’s holdings in Expedia Group were worth $3,450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of EXPE. Caprock Group LLC grew its position in shares of Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after purchasing an additional 2,569 shares during the period. Cozad Asset Management Inc. lifted its stake 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 buying an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares during the period. Integrated Investment Consultants LLC bought a new stake in shares of Expedia Group during the third quarter worth $527,000. Finally, DoubleLine ETF Adviser LP acquired a new stake in shares of Expedia Group during the second quarter worth $465,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 0.6 %

Shares of EXPE opened at $188.41 on Wednesday. The firm has a market cap of $24.18 billion, a P/E ratio of 24.25, a price-to-earnings-growth ratio of 0.75 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The firm’s 50-day simple moving average is $168.71 and its 200 day simple moving average is $143.02.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. The trade was a 4.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 5th. Barclays upped their price objective on Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Benchmark raised their price target on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, UBS Group boosted their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Twenty research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $167.67.

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.