Expedia Inc (EXPE) : Monetary Management Group Inc scooped up 7,690 additional shares in Expedia Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 21,570 shares of Expedia Inc which is valued at $2,503,846.Expedia Inc makes up approximately 1.13% of Monetary Management Group Inc’s portfolio.
Other Hedge Funds, Including , Meiji Yasuda Asset Management Co Ltd. added EXPE to its portfolio by purchasing 2,112 company shares during the most recent quarter which is valued at $245,161. Expedia Inc makes up approx 0.03% of Meiji Yasuda Asset Management Co Ltd.’s portfolio.Analytic Investors reduced its stake in EXPE by selling 34,545 shares or 83.58% in the most recent quarter. The Hedge Fund company now holds 6,789 shares of EXPE which is valued at $788,067. Expedia Inc makes up approx 0.01% of Analytic Investors’s portfolio.Rmb Capital Management boosted its stake in EXPE in the latest quarter, The investment management firm added 2,936 additional shares and now holds a total of 34,368 shares of Expedia Inc which is valued at $3,868,462. Expedia Inc makes up approx 0.27% of Rmb Capital Management’s portfolio.Cardan Capital Partners boosted its stake in EXPE in the latest quarter, The investment management firm added 72 additional shares and now holds a total of 20,891 shares of Expedia Inc which is valued at $2,448,425. Expedia Inc makes up approx 0.55% of Cardan Capital Partners’s portfolio.
Expedia Inc closed down -1.56 points or -1.40% at $109.8 with 16,93,972 shares getting traded on Monday. Post opening the session at $111.7, the shares hit an intraday low of $109.79 and an intraday high of $111.74 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Expedia Inc reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.75. The company had revenue of $2196.00 million for the quarter, compared to analysts expectations of $2241.59 million. The company’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.
Many Wall Street Analysts have commented on Expedia Inc. Company shares were Reiterated by Barclays on Jul 29, 2016 to “Overweight”, Firm has raised the Price Target to $ 130 from a previous price target of $120 .
Expedia Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties airlines car rental companies destination service providers cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies which provides a range of travel and advertising services through a range of brands including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world EAN Hotwire.com Travelocity Venere Wotif Group CarRentals.com and Classic Vacations; trivago which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites and Egencia which provides managed travel services. In addition it offers Travelocity Orbitz ebookers HotelClub and CheapTickets brands and business-to-business offerings including Orbitz Partner Network and Orbitz for Business.