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Expedia (EXPE) Share Value Declined While Altimeter Capital Management LP Has Decreased Position; Suffolk Capital Management Has Trimmed Its Stake in Silicon Motion Technol (SIMO) by $875,212 as Share Value Declined

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Brad Gerstner decreased its stake in Expedia Inc (EXPE) by 23.69% based on its latest 2017Q4 regulatory filing with the SEC. Altimeter Capital Management Lp sold 1.07 million shares as the company’s stock declined 12.14% with the market. The hedge fund run by Brad Gerstner held 3.43M shares of the consumer services company at the end of 2017Q4, valued at $411.09 million, down from 4.50 million at the end of the previous reported quarter. Altimeter Capital Management Lp who had been investing in Expedia Inc for a number of months, seems to be less bullish one the $17.30B market cap company. The stock decreased 0.39% or $0.45 during the last trading session, reaching $115.22. About 661,685 shares traded. Expedia Group, Inc. (NASDAQ:EXPE) has declined 17.38% since May 18, 2017 and is downtrending. It has underperformed by 28.93% the S&P500.

Suffolk Capital Management Llc decreased its stake in Silicon Motion Technol (SIMO) by 58.16% based on its latest 2017Q4 regulatory filing with the SEC. Suffolk Capital Management Llc sold 16,831 shares as the company’s stock declined 8.05% with the market. The institutional investor held 12,110 shares of the semiconductors company at the end of 2017Q4, valued at $641,000, down from 28,941 at the end of the previous reported quarter. Suffolk Capital Management Llc who had been investing in Silicon Motion Technol for a number of months, seems to be less bullish one the $1.79 billion market cap company. The stock increased 1.52% or $0.74 during the last trading session, reaching $49.47. About 240,144 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 8.09% since May 18, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

More notable recent Expedia Group, Inc. (NASDAQ:EXPE) news were published by: Benzinga.com which released: “Expedia Will Be The Online Travel Space’s Outperformer This Earnings Season, Analyst Says In Preview” on April 25, 2018, also Seekingalpha.com with their article: “Expedia: Not Buying The Relief Rally Yet” published on April 30, 2018, Seekingalpha.com published: “Relief rally for Expedia and peers” on April 27, 2018. More interesting news about Expedia Group, Inc. (NASDAQ:EXPE) were released by: Streetinsider.com and their article: “After-Hours Stock Movers 04/26: (EXPE) (AMZN) (INTC) Higher; (FLEX) (X) (TNDM) Lower (more…)” published on April 26, 2018 as well as Nasdaq.com‘s news article titled: “Analysis: Positioning to Benefit within InnerWorkings, Planet Fitness, Huntington Bancshares, Univar, Expedia, and …” with publication date: May 11, 2018.

Analysts await Expedia Group, Inc. (NASDAQ:EXPE) to report earnings on July, 26. They expect $0.53 EPS, down 19.70% or $0.13 from last year’s $0.66 per share. EXPE’s profit will be $79.58 million for 54.35 P/E if the $0.53 EPS becomes a reality. After $-0.69 actual EPS reported by Expedia Group, Inc. for the previous quarter, Wall Street now forecasts -176.81% EPS growth.

Among 42 analysts covering Expedia Inc. (NASDAQ:EXPE), 28 have Buy rating, 0 Sell and 14 Hold. Therefore 67% are positive. Expedia Inc. had 134 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, August 30. Credit Suisse maintained the stock with “Neutral” rating in Thursday, February 11 report. The company was maintained on Friday, July 7 by Cowen & Co. Canaccord Genuity maintained Expedia Group, Inc. (NASDAQ:EXPE) on Thursday, September 17 with “Buy” rating. As per Tuesday, October 24, the company rating was maintained by Deutsche Bank. As per Wednesday, October 4, the company rating was maintained by SunTrust. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Buy” rating by SunTrust on Friday, January 12. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Outperform” rating by Wells Fargo on Monday, January 25. The firm has “Outperform” rating given on Thursday, February 11 by RBC Capital Markets. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, May 31 report.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.37, from 1.43 in 2017Q3. It turned negative, as 80 investors sold EXPE shares while 162 reduced holdings. 85 funds opened positions while 172 raised stakes. 118.55 million shares or 4.89% less from 124.65 million shares in 2017Q3 were reported. Eqis Cap Mngmt accumulated 0.04% or 6,936 shares. Hartford Mgmt owns 25,320 shares. Barclays Public Ltd stated it has 0.03% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE). Blair William & Company Il reported 4,866 shares stake. Teacher Retirement Sys Of Texas accumulated 39,141 shares. Utah Retirement Systems invested in 22,855 shares. Linscomb And Williams accumulated 0.02% or 2,283 shares. Btim holds 19,870 shares. Farmers & Merchants has 44 shares for 0% of their portfolio. First Citizens Bancorporation has 2,111 shares for 0.03% of their portfolio. Horizon Kinetics Limited Com holds 5,798 shares or 0.02% of its portfolio. Par Capital Mgmt holds 10.67% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE) for 7.97 million shares. Sg Americas Securities Lc reported 28,442 shares. D E Shaw & Inc holds 0% or 7,131 shares in its portfolio. World Asset accumulated 11,133 shares or 0.04% of the stock.

Among 19 analysts covering Silicon Motion (NASDAQ:SIMO), 15 have Buy rating, 1 Sell and 3 Hold. Therefore 79% are positive. Silicon Motion had 43 analyst reports since July 28, 2015 according to SRatingsIntel. Craig Hallum maintained it with “Buy” rating and $6700 target in Friday, July 7 report. On Thursday, January 14 the stock rating was upgraded by Standpoint Research to “Buy”. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, September 6. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Topeka Capital Markets on Tuesday, July 28. Loop Capital Markets maintained it with “Buy” rating and $6100 target in Tuesday, June 6 report. The firm has “Neutral” rating given on Friday, January 20 by Nomura. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Neutral” rating given on Wednesday, April 6 by Ladenburg Thalmann. The firm earned “Buy” rating on Tuesday, March 7 by Standpoint Research. Pacific Crest upgraded it to “Outperform” rating and $32 target in Monday, August 17 report. The rating was initiated by Susquehanna with “Positive” on Tuesday, September 8.

More important recent Silicon Motion Technology Corporation (NASDAQ:SIMO) news were published by: Globenewswire.com which released: “Silicon Motion Confirms Quarterly Dividend” on April 23, 2018, also Streetinsider.com published article titled: “Silicon Motion Technology (SIMO) Tops Q1 EPS by 2c, Beats on Revenues; Offers FY18 Revenue Mid-Point Outlook …”, Seekingalpha.com published: “Headwinds Turn Into Tailwinds At Silicon Motion” on May 17, 2018. More interesting news about Silicon Motion Technology Corporation (NASDAQ:SIMO) was released by: Seekingalpha.com and their article: “Silicon Motion: Bias Toward The High Side” with publication date: April 30, 2018.

Analysts await Silicon Motion Technology Corporation (NASDAQ:SIMO) to report earnings on July, 30. They expect $0.72 EPS, up 4.35% or $0.03 from last year’s $0.69 per share. SIMO’s profit will be $25.99M for 17.18 P/E if the $0.72 EPS becomes a reality. After $0.64 actual EPS reported by Silicon Motion Technology Corporation for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Suffolk Capital Management Llc, which manages about $1.92B and $770.38 million US Long portfolio, upped its stake in Delta Airlines (NYSE:DAL) by 252,931 shares to 257,544 shares, valued at $14.42 million in 2017Q4, according to the filing. It also increased its holding in Mgm Resorts International (NYSE:MGM) by 25,040 shares in the quarter, for a total of 418,241 shares, and has risen its stake in Celgene Corporation (NASDAQ:CELG).

Expedia Group, Inc. (NASDAQ:EXPE) Institutional Positions Chart

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