American National Registered Investment Advisor adds Expedia Inc (EXPE) to its portfolio

Expedia Inc (EXPE) : American National Registered Investment Advisor added new position in Expedia Inc during the most recent quarter end. The investment management firm now holds 4,600 shares of Expedia Inc which is valued at $533,968 , the company said in a statement filed on Aug 11, 2016 with the SEC.Expedia Inc makes up approximately 0.24% of American National Registered Investment Advisor’s portfolio.

Other Hedge Funds, Including , Baldwin Brothers Incma reduced its stake in EXPE by selling 11,939 shares or 98.94% in the most recent quarter. The Hedge Fund company now holds 128 shares of EXPE which is valued at $14,858.Central Trust Co boosted its stake in EXPE in the latest quarter, The investment management firm added 20 additional shares and now holds a total of 992 shares of Expedia Inc which is valued at $113,882. Expedia Inc makes up approx 0.01% of Central Trust Co’s portfolio. Achievement Holdings sold out all of its stake in EXPE during the most recent quarter. The investment firm sold 6,897 shares of EXPE which is valued $808,328.Tokio Marine Asset Management Co Ltd reduced its stake in EXPE by selling 67 shares or 1.52% in the most recent quarter. The Hedge Fund company now holds 4,352 shares of EXPE which is valued at $510,054. Expedia Inc makes up approx 0.05% of Tokio Marine Asset Management Co Ltd’s portfolio.Strs Ohio boosted its stake in EXPE in the latest quarter, The investment management firm added 1,422 additional shares and now holds a total of 11,471 shares of Expedia Inc which is valued at $1,344,401. Expedia Inc makes up approx 0.01% of Strs Ohio’s portfolio.

Expedia Inc closed down -0.39 points or -0.34% at $113.6 with 15,85,741 shares getting traded on Tuesday. Post opening the session at $114, the shares hit an intraday low of $113.58 and an intraday high of $114.81 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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