Shares of Expedia Inc. (NASDAQ:EXPE) gapped up prior to trading on Monday . The stock had previously closed at $115.85, but opened at $116.08. Expedia shares last traded at $117.22, with a volume of 1,251,052 shares changing hands.

A number of analysts have recently weighed in on the company. Bank of America Corp. reiterated a “buy” rating and set a $135.00 target price on shares of Expedia in a research report on Monday, April 25th. Cantor Fitzgerald reiterated a “buy” rating and set a $180.00 target price on shares of Expedia in a research report on Thursday, April 28th. TheStreet upgraded Expedia from a “hold” rating to a “buy” rating in a research report on Tuesday, May 3rd. Deutsche Bank AG reiterated a “buy” rating and set a $142.00 target price on shares of Expedia in a research report on Tuesday, May 3rd. Finally, Vetr downgraded Expedia from a “strong-buy” rating to a “buy” rating and set a $125.28 target price for the company. in a research report on Monday, May 2nd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eighteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $130.34.

The company has a market capitalization of $17.50 billion and a PE ratio of 86.72. The company has a 50 day moving average of $112.77 and a 200 day moving average of $108.96.

Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, July 28th. The online travel company reported $0.83 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.05. During the same quarter in the prior year, the firm posted $0.89 EPS. The company earned $2.92 billion during the quarter, compared to analysts’ expectations of $2.25 billion. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. On average, analysts predict that Expedia Inc. will post $4.93 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, August 25th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, August 23rd. This represents a $1.04 annualized dividend and a dividend yield of 0.89%. This is a boost from Expedia’s previous quarterly dividend of $0.24.

In related news, CAO Lance A. Soliday sold 1,300 shares of the business’s stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $105.34, for a total transaction of $136,942.00. Following the transaction, the chief accounting officer now owns 2,715 shares in the company, valued at approximately $285,998.10. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Mark D. Okerstrom sold 56,664 shares of the business’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $114.97, for a total value of $6,514,660.08. Following the transaction, the executive vice president now owns 100,543 shares in the company, valued at approximately $11,559,428.71. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have made changes to their positions in the company. Advantus Capital Management Inc increased its position in shares of Expedia by 20.7% in the fourth quarter. Advantus Capital Management Inc now owns 11,483 shares of the online travel company’s stock worth $1,427,000 after buying an additional 1,973 shares in the last quarter. Andra AP fonden increased its position in shares of Expedia by 269.7% in the fourth quarter. Andra AP fonden now owns 12,200 shares of the online travel company’s stock worth $1,516,000 after buying an additional 8,900 shares in the last quarter. Mutual of America Capital Management LLC increased its position in shares of Expedia by 18.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 13,153 shares of the online travel company’s stock worth $1,635,000 after buying an additional 2,094 shares in the last quarter. Eaton Vance Management increased its position in shares of Expedia by 330.0% in the fourth quarter. Eaton Vance Management now owns 13,224 shares of the online travel company’s stock worth $1,644,000 after buying an additional 10,149 shares in the last quarter. Finally, Utah Retirement Systems increased its position in shares of Expedia by 20.4% in the fourth quarter. Utah Retirement Systems now owns 21,256 shares of the online travel company’s stock worth $2,642,000 after buying an additional 3,596 shares in the last quarter.

Expedia, Inc is an online travel company. The Company makes travel products and services available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its Core OTA segment 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 throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com, and Classic Vacations.

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