Expedia, Inc: Par Investment Partners Lp Opened Position

February 15, 2018 - By Peter Erickson

 Expedia, Inc: Par Investment Partners Lp Opened Position

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.14, from 1.29 in 2017Q2. It is positive, as 42 investors sold Expedia, Inc. shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported.

Deutsche Bank Ag stated it has 0.04% of its portfolio in Expedia, Inc. (NASDAQ:EXPE). Wesbanco Bancshares Inc holds 0.18% of its portfolio in Expedia, Inc. (NASDAQ:EXPE) for 23,772 shares. Cantab Capital Ptnrs Ltd Liability Partnership invested in 0.01% or 320 shares. Schmidt P J Invest Incorporated reported 1,737 shares. Hellman Jordan Mngmt Company Ma reported 5,550 shares. Gilder Gagnon Howe And Ltd Limited Liability Company stated it has 0.08% in Expedia, Inc. (NASDAQ:EXPE). Strs Ohio has invested 0% in Expedia, Inc. (NASDAQ:EXPE). Financial Bank Of Montreal Can owns 67,685 shares or 0.01% of their US portfolio. Quantitative Invest Mgmt Ltd invested 0.08% in Expedia, Inc. (NASDAQ:EXPE). Northern Tru Corp stated it has 1.41 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 21,974 shares. Citadel Lc invested in 0.17% or 1.51M shares. State Teachers Retirement System reported 0.06% stake. Teacher Retirement System Of Texas reported 42,487 shares stake. Mitsubishi Ufj Trust & Bk Corporation holds 0.07% or 246,711 shares in its portfolio.

The New Par Investment Partners Lp Holding in Expedia, Inc

Par Investment Partners Lp reported SC 13G/A form with the SEC for Expedia, Inc. Access it here: 000119312518045318. As reported by Par Investment Partners Lp, the filler owns 5.7% or 7,969,191 shares of the Consumer Discretionary–company.

Expedia, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Par Investment Partners Lp’s positive view for Expedia, Inc.

Expedia, Inc Institutional Sentiment

Filings show 448 investors own Expedia, Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 10737095. 112920196 were owned by these investors. 83 funds opened new Expedia, Inc stakes, 169 increased positions. There were 36 that closed positions and 147 reduced them.

21 investors had the stock in their top 10. Some are: Altimeter Capital Management Lp, Dorsal Capital Management Llc, Js Capital Management Llc, Ivory Investment Management Llc, Jefferies Group Llc, Par Capital Management Inc, Hound Partners Llc, Allen Holding Inc Ny, White Elm Capital Llc, Crosslink Capital Inc..

Reynolds Capital Management Llc is an investor bullish on Expedia, Inc, owning 2600 shares as of Q3 2015 for 0.38% of its portfolio. First Republic Investment Management Inc owns 1866 shares or less than 0.01% of its portfolio. MD Calvert Investment Management Inc have 0.02% of its portfolio for 4087 shares. Further, Cognios Capital Llc reported stake worth 0.22% of its portfolio. The MO Argent Capital Management Llc owns 444116 shares. Expedia, Inc is 2.61% of its portfolio.

Business Profile

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. The Company’s trivago segment sends referrals to online travel companies and travel service providers from its hotel metasearch Websites. Its Egencia segment, which also includes Orbitz Worldwide (Orbitz) for Business, provides managed travel services to corporate customers across the world. The Company’s HomeAway segment operates an online marketplace for the vacation rental industry.

SEC Form 13G.

The stock increased 1.81% or $1.81 during the last trading session, reaching $101.91. About 2.03M shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since February 15, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Expedia, Inc., together with its subsidiaries, operates as an online travel firm in the United States and internationally. The company has market cap of $15.47 billion. It operates through Core OTA, Trivago, HomeAway, and Egencia divisions. It has a 42.11 P/E ratio. The firm facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

Expedia, Inc. (NASDAQ:EXPE) Ratings Coverage

Among 37 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 10 Hold. Therefore 73% are positive. Expedia Inc. has $190 highest and $27 lowest target. $144.27’s average target is 41.57% above currents $101.91 stock price. Expedia Inc. had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Friday, October 27. On Monday, September 11 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, October 30. The firm earned “Market Perform” rating on Thursday, May 18 by Raymond James. The firm earned “Buy” rating on Friday, February 9 by Guggenheim. Cowen & Co maintained it with “Buy” rating and $158.0 target in Thursday, October 12 report. The firm earned “Hold” rating on Friday, October 27 by Stifel Nicolaus. The stock has “Neutral” rating by JP Morgan on Monday, February 12. Needham downgraded the shares of EXPE in report on Friday, February 9 to “Hold” rating. The rating was maintained by Barclays Capital with “Overweight” on Friday, July 29.

More notable recent Expedia, Inc. (NASDAQ:EXPE) news were published by: Fool.com which released: “Ignore the Headlines: Expedia Inc. Is Going Places” on February 12, 2018, also Finance.Yahoo.com with their article: “3 Stocks to Watch on Friday: Expedia Inc (EXPE), Mettler-Toledo International …” published on February 09, 2018, Prnewswire.com published: “Expedia, Inc. Q4 and Full Year 2017 Earnings Release Available on Company’s IR …” on February 08, 2018. More interesting news about Expedia, Inc. (NASDAQ:EXPE) were released by: Finance.Yahoo.com and their article: “Why Investors Need a Vacation From Expedia Inc Stock” published on February 09, 2018 as well as Bloomberg.com‘s news article titled: “Expedia Shares Tumble on Plans to Increase Spending This Year” with publication date: February 08, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.