Expedia Inc (EXPE) : Exxonmobil Investment Management Inc Tx scooped up 421 additional shares in Expedia Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 30,764 shares of Expedia Inc which is valued at $3,623,076.Expedia Inc makes up approximately 0.08% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Advisory Services Network boosted its stake in EXPE in the latest quarter, The investment management firm added 243 additional shares and now holds a total of 2,738 shares of Expedia Inc which is valued at $322,454. Expedia Inc makes up approx 0.06% of Advisory Services Network’s portfolio.Independent Portfolio Consultants reduced its stake in EXPE by selling 326 shares or 14.77% in the most recent quarter. The Hedge Fund company now holds 1,881 shares of EXPE which is valued at $224,093. Expedia Inc makes up approx 0.07% of Independent Portfolio Consultants’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in EXPE in the latest quarter, The investment management firm added 32,109 additional shares and now holds a total of 140,094 shares of Expedia Inc which is valued at $16,690,099. Expedia Inc makes up approx 0.07% of Bnp Paribas Arbitrage Sa’s portfolio.Ct Mason reduced its stake in EXPE by selling 21,653 shares or 84.94% in the most recent quarter. The Hedge Fund company now holds 3,840 shares of EXPE which is valued at $457,478. Expedia Inc makes up approx 0.20% of Ct Mason’s portfolio.
Expedia Inc closed down -0.76 points or -0.64% at $117.77 with 11,74,179 shares getting traded on Friday. Post opening the session at $118.78, the shares hit an intraday low of $117.39 and an intraday high of $118.78 and the price fluctuated in this range throughout the day.Shares ended Friday 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 RBC Capital Mkts on Oct 7, 2016 to “Outperform”, Firm has raised the Price Target to $ 165 from a previous price target of $160 .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.