Expedia (NASDAQ:EXPE) had its price objective hoisted by Barclays from $130.00 to $135.00 in a research report report published on Wednesday, March 7th. They currently have an overweight rating on the online travel company’s stock.
Several other research analysts have also recently commented on EXPE. Vetr cut shares of Expedia from a strong-buy rating to a buy rating and set a $140.63 target price for the company. in a research report on Thursday, January 4th. Bank of America upgraded shares of Expedia from a neutral rating to a buy rating in a research report on Wednesday, January 3rd. Oppenheimer reaffirmed a buy rating on shares of Expedia in a research note on Wednesday, December 20th. SunTrust Banks upped their price target on shares of Expedia to $180.00 and gave the stock a buy rating in a research note on Friday, January 12th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Expedia from a hold rating to a buy rating and set a $148.00 price target for the company in a research note on Tuesday, January 16th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and nineteen have given a buy rating to the stock. Expedia has a consensus rating of Buy and an average price target of $146.45.
EXPE stock traded up $4.09 during trading on Wednesday, reaching $110.41. The stock had a trading volume of 2,239,595 shares, compared to its average volume of 2,447,019. Expedia has a 1-year low of $98.52 and a 1-year high of $161.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market capitalization of $16,763.77, a P/E ratio of 29.68, a P/E/G ratio of 1.87 and a beta of 1.05.
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Shareholders of record on Thursday, March 8th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Wednesday, March 7th. Expedia’s dividend payout ratio (DPR) is presently 32.26%.
A number of institutional investors have recently modified their holdings of EXPE. Fuller & Thaler Asset Management Inc. bought a new position in shares of Expedia during the 3rd quarter worth about $101,000. Delpha Capital Management LLC bought a new position in shares of Expedia during the 4th quarter worth about $104,000. Dupont Capital Management Corp lifted its holdings in shares of Expedia by 90.9% during the 4th quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock worth $125,000 after acquiring an additional 498 shares during the period. Krilogy Financial LLC lifted its holdings in shares of Expedia by 2,900.0% during the 3rd quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock worth $130,000 after acquiring an additional 870 shares during the period. Finally, Aristotle Atlantic Partners LLC bought a new position in shares of Expedia during the 4th quarter worth about $207,000. 80.20% of the stock is owned by hedge funds and other institutional investors.
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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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