Citigroup Boosts Expedia Group (NASDAQ:EXPE) Price Target to $217.00

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective lifted by stock analysts at Citigroup from $200.00 to $217.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a "neutral" rating on the online travel company's stock. Citigroup's price target would indicate a potential upside of 7.20% from the stock's current price.

EXPE has been the subject of a number of other research reports. Melius Research raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a "buy" rating to a "hold" rating in a research report on Friday, November 8th. Wedbush reissued a "neutral" rating and issued a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Susquehanna increased their price objective on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Monday. Finally, Barclays increased their price objective on Expedia Group from $166.00 to $187.00 and gave the company an "equal weight" rating in a report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $192.64.

Expedia Group Stock Down 0.4 %

NASDAQ EXPE traded down $0.77 during trading on Tuesday, hitting $202.43. The stock had a trading volume of 846,889 shares, compared to its average volume of 2,068,636. Expedia Group has a 12 month low of $107.25 and a 12 month high of $207.73. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company's 50-day moving average price is $183.58 and its two-hundred day moving average price is $162.44. The company has a market capitalization of $25.98 billion, a PE ratio of 22.36, a P/E/G ratio of 0.82 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. As a group, sell-side analysts forecast that Expedia Group will post 10.75 EPS for the current year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the company's 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 sale, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,951 shares of company stock worth $3,900,580. Insiders own 6.80% of the company's stock.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently added to or reduced their stakes in EXPE. Norges Bank acquired a new stake in Expedia Group during the fourth quarter worth approximately $670,565,000. Windacre Partnership LLC grew its stake in Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its stake in Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after acquiring an additional 596,510 shares during the period. Alkeon Capital Management LLC grew its stake in Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock valued at $233,349,000 after acquiring an additional 498,934 shares during the period. Finally, Bridgewater Associates LP grew its stake in Expedia Group by 73.4% in the fourth quarter. Bridgewater Associates LP now owns 854,262 shares of the online travel company's stock valued at $159,175,000 after acquiring an additional 361,543 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

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.