Economy

JP Morgan Chase & Co Lowers Expedia, Inc. (EXPE) Price Target to $129.00

The stock's quarterly performance indicates a negative momentum of -20.89 percent, whereas its last one month trend is pessimistic with -13.34 percent.

Expedia Inc.'s insider ownership stands at 0.6 percent, while its insider transaction is -16.83 percent. Societe Generale upgraded the shares of GKNLY in report on Tuesday, January 10 to "Buy" rating. Artisan Partners Limited Partnership now owns 1,437,446 shares of the online travel company's stock valued at $214,108,000 after acquiring an additional 549,366 shares during the period. While in the same Quarter Previous year, the Actual EPS was $1.17.

The company now has an insider ownership of 0.6 Percent and Institutional ownership of 94 Percent. Balyasny Asset Management LLC acquired a new stake in Expedia in the second quarter valued at $107,942,000. Westpac Banking Corp increased its stake in shares of Expedia by 20.8% in the third quarter. Insiders sold 146,826 shares of company stock worth $22,359,010 over the last ninety days. Enterprise Financial Services Corp increased its stake in shares of Expedia by 5,462.1% in the third quarter. Institutional investors own 82.05% of the company's stock.

A number of equities research analysts have recently commented on the stock. There was a -15.99% decline on October 27, 2017 that led the price to move at $123.79. The third largest holder is Par Capital Management Inc, which now holds $967.42 million worth of this stock and that ownership represents almost 4.33% of its market capitalization. The stock price hovered in an intraday range of $118- $124.5.

Expedia, Inc. (NASDAQ:EXPE)'s stock has been a favorite of "smart money" aka institutions, as of late.

Among 7 analysts covering GKN plc (OTCMKTS:GKNLY), 4 have Buy rating, 1 Sell and 2 Hold. The company presently has a consensus rating of Buy and a consensus target price of $133.22. Stock's distance from 52 week High is -23.11% and the distance from 52 week Low is 10.65%.

Expedia (EXPE) traded down 2.266% during mid-day trading on Monday, reaching $120.985. However, it is a general misunderstanding that a higher share price points towards a larger company where stock price might also misrepresent the definite worth of the organization. For the week, the stock is performing -18.99%. The stock's 50 day moving average price is $145.77 and its 200-day moving average price is $145.51.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, October 26th.

Other equities analysts also recently issued reports about the company. Expedia had a net margin of 4.09% and a return on equity of 10.71%. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.98 billion. The company's past year sales total was 2.09 Million. The business's quarterly revenue was up 14.9% compared to the same quarter past year.

Institutional investors now hold around $15.99 billion or 94% in EXPE stock. Shareholders of record on Thursday, November 17th will be paid a dividend of $0.26 per share. Its down 0.05, from 1.34 in 2017Q1. Expedia's dividend payout ratio is 47.43%. Expedia, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP of Ops & CFO Okerstrom Mark D has sold 12,500 shares of Expedia, Inc. "(EXPE) a $147.00 Price Target" was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & global copyright law. Citigroup Inc. decreased their price target on shares of Expedia from $180.00 to $170.00 and set a buy rating for the company in a report on Friday. About 20.60 million shares traded or 698.45% up from the average. The stock was sold at an average price of $154.12, for a total transaction of $13,289,459.36. Following the completion of the sale, the chief executive officer now owns 518,576 shares of the company's stock, valued at $79,922,933.12. The shares were sold at an average price of $150.41, for a total value of $1,880,125.00. Following the sale, the insider now directly owns 167,673 shares in the company, valued at approximately $25,031,902.17. The disclosure for this sale can be found here. The stock fell -9.38 percent over the past six months.

Another important element to consider is the price target and recommendations from brokerage firm analysts.

Curtis Macnguyen decreased its stake in Expedia Inc Del (EXPE) by 44.39% based on its latest 2017Q2 regulatory filing with the SEC. 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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