Expedia (EXPE) Downgraded by Argus to Hold

Lloyd Doyle
December 7, 2017

Destination Wealth Management increased its stake in General Electric Co (GE) by 5.6% based on its latest 2017Q2 regulatory filing with the SEC. (NASDAQ:EXPE) for 1,789 shares. Gogo Inc now has $935.41 million valuation. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 10.13% with $122.56 Million sitting short, betting on future declines. About 29.51 million shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since December 5, 2016 and is uptrending. It has outperformed by 16.77% the S&P500.

Investors sentiment decreased to 1.29 in 2017 Q2. This represents a $1.20 dividend on an annualized basis and a yield of 1.01%. Louisiana State Employees Retirement System raised its stake in Expedia by 1.4% in the second quarter. The active investment managers in our partner's database now hold: 44.71 million shares, up from 44.40 million shares in 2017Q1. Arrowstreet Partnership invested 0.03% in Expedia, Inc. (NASDAQ:EXPE) for 8,187 shares. Stephens Ar accumulated 3,043 shares. (NASDAQ:EXPE). Virtu Ltd Liability Corporation has invested 0.03% in Expedia, Inc. (NASDAQ:EXPE) for 9,155 shares. Allen Ltd holds 24,470 shares. More interesting news about Expedia, Inc. (NASDAQ:EXPE) for 91,700 shares. Loomis Sayles & Limited Partnership owns 0% invested in Expedia, Inc. Cibc Asset Mgmt Inc has invested 0.02% in Expedia, Inc. For EXPE, the company now has $3.29 Billion of cash on the books, which is offset by $500 Million current liabilities. First Citizens Bankshares & Tru owns 2,776 shares for 0.05% of their portfolio.

Ownership at Expedia, Inc. (NASDAQ:EXPE) or 43,583 shares. The ratio is positive, as 60 active investment managers increased and opened new equity positions, while 32 sold and decreased equity positions in Mobilepro Corp.

According to the latest data, the consensus recommendation for Expedia, Inc.


Expedia, Inc. (NASDAQ:EXPE) on December 4, 2017 saw a significant decline, closing the day at $122.70, or a decline of $0.46 or (0.37%).Volume levels waned and EXPE actually managed a declined which translated to 2.05 million shares changing hands on the day. Cowen & Co maintained Expedia, Inc. (NASDAQ:EXPE) rating on Friday, July 28.

In order to gauge which way a stock is trending, you must compare a stock's share price to its moving average.

Meanwhile, during the same quarter Expedia, Inc. The company was upgraded on Wednesday, June 28 by Citigroup. On Tuesday, July 25 the stock rating was maintained by Jefferies with "Hold". The rating was initiated by CLSA with "Outperform" on Thursday, December 8. Imperial Capital maintained the stock with "Outperform" rating in Thursday, May 12 report. Gordon Haskett has "Hold" rating and $58 target.

South State Corp decreased Pepsico Inc (NYSE:PEP) stake by 4,429 shares to 62,108 valued at $7.17 million in 2017Q2. Sold All: 14 Reduced: 18 Increased: 38 New Position: 22. Perhaps, that suggests something about why 95.40% of the outstanding share supply is held by institutional investors. Moreover, Swiss Bank has 0% invested in Gogo Inc. Sterling Capital Management Limited Liability reported 24,355 shares. The firm has "Hold" rating given on Friday, September 4 by Deutsche Bank. Exane Derivatives has 1 shares for 0% of their portfolio. Merriman Wealth Management Ltd Liability Com holds 0.09% or 2,139 shares in its portfolio. Carroll Fincl Assoc Incorporated stated it has 250 shares or 0% of all its holdings. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. Gogo had 11 analyst reports since October 7, 2015 according to SRatingsIntel. Macquarie Research maintained Gogo Inc. On Friday, July 15 the stock rating was downgraded by Barclays Capital to "Underweight". Institutional investors and hedge funds own 84.20% of the company's stock. The firm has "Buy" rating by Canaccord Genuity given on Thursday, September 17. The stock of Gogo Inc. Credit Suisse Group AG reissued a buy rating and set a $147.00 price target on shares of Expedia in a report on Wednesday, April 5th. Guggenheim initiated the stock with "Buy" rating in Wednesday, January 25 report. They set a "buy" rating and a $190.00 price objective for the company. Cantor Fitzgerald maintained Expedia, Inc. The firm earned "Hold" rating on Wednesday, August 30 by Stifel Nicolaus. As per Thursday, February 11, the company rating was maintained by Nomura. Finally, Vanguard Group Inc. raised its position in shares of Expedia by 3.7% in the 2nd quarter. Safeguard Scientifics Inc (Prn) was reduced too.

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