As Expedia Group (EXPE) Shares Declined, Holder Kerrisdale Advisers Lowered Stake; Independent Investors Cut Position in Philip Morris International (PM) by $656,100

Expedia Group, Inc. (NASDAQ:EXPE) Logo

Kerrisdale Advisers Llc decreased its stake in Expedia Group Inc (EXPE) by 88.45% based on its latest 2018Q3 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 95,000 shares as the company’s stock declined 7.96% with the market. The hedge fund held 12,404 shares of the consumer services company at the end of 2018Q3, valued at $1.62M, down from 107,404 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Expedia Group Inc for a number of months, seems to be less bullish one the $17.02B market cap company. The stock increased 0.02% or $0.02 during the last trading session, reaching $114.22. About 873,230 shares traded. Expedia Group, Inc. (NASDAQ:EXPE) has declined 0.36% since January 12, 2018 and is downtrending. It has underperformed by 0.36% the S&P500. Some Historical EXPE News: 26/04/2018 – Expedia 1Q Rev $2.51B; 26/04/2018 – EXPEDIA GROUP 1Q 2018 LOSS PER SHARE EXCLUDING TRIVAGO 36C; 26/04/2018 – Expedia Delivers Sales Beat — Earnings Review; 26/04/2018 – HILTON CEO SAYS THERE WOULD BE MORE INVESTMENT AND ACTIVITY IN THE AREA OF CONTINUING TO BUILD MORE DIRECT RELATIONSHIPS WITH HILTON’S CUSTOMERS; 13/03/2018 – GlobalWide Media Joins TUNE Certified Partner Program to Advance Mobile Marketing Industry Best Practices; 03/04/2018 – Marriott aims to cut commissions for online agencies -CEO; 26/03/2018 – Expedia, Inc. Announces Name Change to Expedia Group, Inc; 27/04/2018 – Expedia CEO on Growth Strategy, HomeAway and Bookings (Video); 26/04/2018 – EU moves to regulate tech giants’ business practices; 23/05/2018 – Expedia Presenting at Goldman Sachs Conference Jun 5

Independent Investors Inc decreased its stake in Philip Morris International (PM) by 76.42% based on its latest 2018Q3 regulatory filing with the SEC. Independent Investors Inc sold 8,100 shares as the company’s stock rose 7.45% while stock markets declined. The institutional investor held 2,500 shares of the farming and seeds and milling company at the end of 2018Q3, valued at $203,000, down from 10,600 at the end of the previous reported quarter. Independent Investors Inc who had been investing in Philip Morris International for a number of months, seems to be less bullish one the $108.04B market cap company. The stock increased 1.98% or $1.35 during the last trading session, reaching $69.5. About 7.15 million shares traded or 3.94% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 21.07% since January 12, 2018 and is downtrending. It has underperformed by 21.07% the S&P500. Some Historical PM News: 08/03/2018 Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.07 Per Share; 19/04/2018 – Philip Morris 1Q Total Marlboro Cigarette Shipments 57.97B; 16/05/2018 – Philip Morris CEO Says IQos Needs Cultural, Rural Spin for Japan; 15/05/2018 – In seeking regulatory approval iQOS, Philip Morris International is claiming the electronic gadget is less likely to cause disease than traditional cigarettes; 19/04/2018 – PHILIP MORRIS 1Q ADJ EPS $1.00, EST. 90C; 19/04/2018 – Philip Morris 1Q Eastern Europe Cigarette and Heated Tobacco Unit Volume Down 8.3%; 29/03/2018 – Philip Morris Amends Bylaws to Allow for Increase of Board to 14 Directors From 13; 19/04/2018 – Philip Morris 1Q Latin America & Canada Cigarette and Heated Tobacco Unit Volume Down 1.4%; 30/04/2018 – Fidelity Advisor New Insights Adds Philip Morris; 09/05/2018 – PHILIP MORRIS INTERNATIONAL – REVISES 2018 FULL-YEAR REPORTED DILUTED EPS GUIDANCE, FOR CURRENCY ONLY, TO RANGE OF $5.15 TO $5.30

Independent Investors Inc, which manages about $239.99M and $283.68M US Long portfolio, upped its stake in Cvs Health Corporation (NYSE:CVS) by 9,800 shares to 19,670 shares, valued at $1.55 million in 2018Q3, according to the filing.

Among 23 analysts covering Philip Morris International (NYSE:PM), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Philip Morris International had 75 analyst reports since August 24, 2015 according to SRatingsIntel. On Friday, October 20 the stock rating was maintained by Jefferies with “Hold”. As per Wednesday, October 5, the company rating was maintained by Jefferies. Credit Suisse downgraded the shares of PM in report on Tuesday, December 18 to “Underperform” rating. The firm has “Buy” rating by Cowen & Co given on Thursday, April 19. Jefferies downgraded Philip Morris International Inc. (NYSE:PM) rating on Friday, August 24. Jefferies has “Hold” rating and $80 target. The stock of Philip Morris International Inc. (NYSE:PM) has “Hold” rating given on Wednesday, September 21 by Jefferies. The stock of Philip Morris International Inc. (NYSE:PM) earned “Neutral” rating by Citigroup on Tuesday, September 13. Morgan Stanley maintained Philip Morris International Inc. (NYSE:PM) rating on Tuesday, January 8. Morgan Stanley has “Overweight” rating and $80 target. As per Monday, November 30, the company rating was upgraded by Nomura. Societe Generale upgraded Philip Morris International Inc. (NYSE:PM) on Friday, October 20 to “Buy” rating.

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Globenewswire.com which released: “Hagens Berman Reminds Investors in Philip Morris International (NYSE: PM) of the Firm’s Ongoing Investigation and the November 5, 2018 Securities Class Action Lead Plaintiff Deadline – GlobeNewswire” on October 30, 2018, also Fool.com with their article: “Should You Buy Philip Morris International for Its 5% Dividend Yield? – The Motley Fool” published on December 16, 2018, Globenewswire.com published: “Stryker to host conference call on January 29, 2019 – GlobeNewswire” on January 04, 2019. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Investorplace.com and their article: “Why Johnson & Johnson Stock is Clearly Set to Rise Again – Investorplace.com” published on January 03, 2019 as well as Seekingalpha.com‘s news article titled: “The Future Of Philip Morris – Seeking Alpha” with publication date: September 28, 2018.

Since November 29, 2018, it had 0 insider buys, and 1 sale for $5.17 million activity.

Investors sentiment increased to 0.85 in Q3 2018. Its up 0.04, from 0.81 in 2018Q2. It increased, as 60 investors sold PM shares while 516 reduced holdings. 112 funds opened positions while 378 raised stakes. 1.09 billion shares or 0.45% more from 1.09 billion shares in 2018Q2 were reported. 218,531 were accumulated by Mason Street Advisors Ltd. Ny State Common Retirement Fund has 0.39% invested in Philip Morris International Inc. (NYSE:PM) for 4.03M shares. Royal National Bank & Trust Of Scotland Group Public Ltd Company stated it has 0.15% of its portfolio in Philip Morris International Inc. (NYSE:PM). Primecap Comm Ca invested in 0.01% or 169,975 shares. Connecticut-based Macguire Cheswick & Tuttle Counsel Llc has invested 0.06% in Philip Morris International Inc. (NYSE:PM). Ci Invs invested in 299,454 shares. Moreover, Lsv Asset Management has 0% invested in Philip Morris International Inc. (NYSE:PM). Moreover, Kornitzer Cap Mgmt Inc Ks has 0% invested in Philip Morris International Inc. (NYSE:PM). Blackrock stated it has 0.32% in Philip Morris International Inc. (NYSE:PM). 153,700 are held by Huber Cap Ltd Liability Company. Cap Advsrs Ok has 7,012 shares for 0.03% of their portfolio. Martingale Asset Mngmt Lp holds 0.38% in Philip Morris International Inc. (NYSE:PM) or 402,653 shares. Bryn Mawr Tru has invested 0.16% in Philip Morris International Inc. (NYSE:PM). Rhumbline Advisers holds 0.39% or 2.45 million shares in its portfolio. Cornercap Counsel Incorporated reported 0.05% stake.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 14. They expect $1.17 earnings per share, down 10.69% or $0.14 from last year’s $1.31 per share. PM’s profit will be $1.82 billion for 14.85 P/E if the $1.17 EPS becomes a reality. After $1.44 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -18.75% negative EPS growth.

Analysts await Expedia Group, Inc. (NASDAQ:EXPE) to report earnings on February, 14. They expect $0.81 earnings per share, up 26.56% or $0.17 from last year’s $0.64 per share. EXPE’s profit will be $120.67 million for 35.25 P/E if the $0.81 EPS becomes a reality. After $3.36 actual earnings per share reported by Expedia Group, Inc. for the previous quarter, Wall Street now forecasts -75.89% negative EPS growth.

More notable recent Expedia Group, Inc. (NASDAQ:EXPE) news were published by: Nasdaq.com which released: “Expedia (EXPE) Q4 Earnings Miss Estimates, Revenues Up Y/Y – Nasdaq” on February 09, 2018, also Nasdaq.com with their article: “What’s in the Cards for Expedia Group (EXPE) in Q3 Earnings? – Nasdaq” published on October 22, 2018, Nasdaq.com published: “Expedia (EXPE) Beats Q2 Earnings Estimates, Revenues Up Y/Y – Nasdaq” on July 27, 2018. More interesting news about Expedia Group, Inc. (NASDAQ:EXPE) were released by: Nasdaq.com and their article: “Expedia Group, Inc. (EXPE) Ex-Dividend Date Scheduled for November 14, 2018 – Nasdaq” published on November 13, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Adobe, Autodesk, BofA, Cleveland-Cliffs, Deere, Facebook, Freeport-McMoRan, Nike, Tilray and More – 24/7 Wall St.” with publication date: January 09, 2019.

Among 45 analysts covering Expedia Inc. (NASDAQ:EXPE), 31 have Buy rating, 0 Sell and 14 Hold. Therefore 69% are positive. Expedia Inc. had 150 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, May 31. Piper Jaffray upgraded Expedia Group, Inc. (NASDAQ:EXPE) rating on Thursday, March 10. Piper Jaffray has “Overweight” rating and $140 target. Stifel Nicolaus maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Friday, April 27. Stifel Nicolaus has “Hold” rating and $122 target. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, January 10. Deutsche Bank maintained it with “Buy” rating and $146 target in Tuesday, October 23 report. The firm has “Buy” rating given on Friday, October 27 by UBS. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, January 9. As per Thursday, September 17, the company rating was downgraded by Vetr. Barclays Capital maintained the shares of EXPE in report on Friday, October 27 with “Overweight” rating. The firm earned “Buy” rating on Thursday, September 17 by Canaccord Genuity.

Philip Morris International Inc. (NYSE:PM) Institutional Positions Chart

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