Crossmark Global Holdings Inc. Has $2.16 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Crossmark Global Holdings Inc. raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,613 shares of the online travel company’s stock after purchasing an additional 1,212 shares during the period. Crossmark Global Holdings Inc.’s holdings in Expedia Group were worth $2,163,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caprock Group LLC grew its holdings in Expedia Group by 33.7% during the third 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 last quarter. Cozad Asset Management Inc. grew its stake in shares of 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 worth $4,562,000 after acquiring an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake 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 worth $96,171,000 after acquiring an additional 75,120 shares during the last quarter. Integrated Investment Consultants LLC acquired a new stake in shares of Expedia Group in the third quarter worth $527,000. Finally, DoubleLine ETF Adviser LP acquired a new stake in shares of Expedia Group in the second quarter worth $465,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Benchmark raised their price objective 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. Susquehanna raised their price objective on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Barclays raised their target price on Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Finally, Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $175.96.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock worth $5,045,310 over the last three months. 6.80% of the stock is currently owned by company insiders.

Expedia Group Stock Performance

Expedia Group stock opened at $176.89 on Friday. The stock has a 50-day simple moving average of $184.57 and a 200 day simple moving average of $157.11. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The stock has a market capitalization of $22.70 billion, a price-to-earnings ratio of 22.77, a P/E/G ratio of 0.82 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 EPS for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). The firm had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.11 billion. Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. During the same quarter in the previous year, the business earned $4.85 earnings per share. On average, research analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

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.