Lpl Finl Hldgs (LPLA) Holder Three Peaks Capital Management Lowered Its Position as Share Price Rose; Kornitzer Capital Management Has Boosted Its Expedia Group (EXPE) Holding by $620,950 as Share Price Rose

June 15, 2018 - By Ellis Scott

LPL Financial Holdings Inc. (NASDAQ:LPLA) Logo

Kornitzer Capital Management Inc increased its stake in Expedia Group Inc (EXPE) by 5.5% based on its latest 2018Q1 regulatory filing with the SEC. Kornitzer Capital Management Inc bought 5,645 shares as the company’s stock rose 10.51% while stock markets declined. The institutional investor held 108,315 shares of the consumer services company at the end of 2018Q1, valued at $11.96M, up from 102,670 at the end of the previous reported quarter. Kornitzer Capital Management Inc who had been investing in Expedia Group Inc for a number of months, seems to be bullish on the $18.56B market cap company. The stock increased 1.01% or $1.24 during the last trading session, reaching $123.58. About 1.01 million shares traded. Expedia Group, Inc. (NASDAQ:EXPE) has declined 19.04% since June 15, 2017 and is downtrending. It has underperformed by 31.61% the S&P500. Some Historical EXPE News: 20/03/2018 – AMERICAN EXPRESS SAYS ALERTED BY EXPEDIA ABOUT CYBER ATTACK; 26/04/2018 – EXPEDIA GROUP INC QTRLY SHR LOSS $0.91; 27/04/2018 – Expedia CEO on Growth Strategy, HomeAway and Bookings (Video); 26/04/2018 – Expedia 1Q Loss/Shr 91c; 09/04/2018 – Driving loyalty through customer experience is the future for travel, says research survey by Expedia Affiliate Network and Points; 13/03/2018 – GlobalWide Media Joins TUNE Certified Partner Program to Advance Mobile Marketing Industry Best Practices; 26/04/2018 – EXPEDIA GROUP INC QTRLY ADJ SHR LOSS $0.36; 26/04/2018 – Expedia 1Q Gross Bookings $27.2 Billion; 13/04/2018 – Calamos Adds Humana, Exits Expedia, Cuts Wells Fargo: 13F; 26/04/2018 – EXPEDIA GROUP INC – QTRLY GROSS BOOKINGS, INCLUDING HOMEAWAY, INCREASED $3.6 BILLION OR 15% YEAR-OVER-YEAR TO $27.2 BILLION

Three Peaks Capital Management Llc decreased its stake in Lpl Finl Hldgs Inc (LPLA) by 30.28% based on its latest 2018Q1 regulatory filing with the SEC. Three Peaks Capital Management Llc sold 73,433 shares as the company’s stock rose 7.61% while stock markets declined. The institutional investor held 169,111 shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $10.33M, down from 242,544 at the end of the previous reported quarter. Three Peaks Capital Management Llc who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be less bullish one the $6.32 billion market cap company. The stock decreased 0.64% or $0.45 during the last trading session, reaching $70.04. About 466,953 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 79.45% since June 15, 2017 and is uptrending. It has outperformed by 66.88% the S&P500. Some Historical LPLA News: 09/05/2018 – LPL Running Into Some Bad Publicity — Barrons.com; 30/04/2018 – Will LPL’s ‘Unbelievable’ Bonuses Be Enough? — Barrons.com; 30/04/2018 – CIBC Global Adds LPL Financial, Exits BHP: 13F; 11/04/2018 – Wealth2k® joins LPL Vendor Affinity Program; 16/04/2018 – LPL Financial Targets Cambridge’s Advisors — Barrons.com; 01/05/2018 – LPL Financial Field Trip Scheduled By SunTrust for May. 8; 22/05/2018 – LPL FINANCIAL APRIL TOTAL NET NEW ASSETS $2.1B; 30/05/2018 – LifeYield’s Taxficient Score Selected for Inclusion in LPL Financial’s Vendor Affinity Program; 22/03/2018 – LPL FINL FEB. TOTAL NET NEW ASSETS $1.6B; 24/05/2018 – LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference

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. Morgan Stanley maintained the shares of EXPE in report on Friday, February 9 with “Overweight” rating. The rating was downgraded by Benchmark on Friday, February 9 to “Hold”. The stock has “Sell” rating by Citigroup on Tuesday, January 10. The firm has “Buy” rating given on Wednesday, August 30 by RBC Capital Markets. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, May 31. As per Friday, October 27, the company rating was maintained by Barclays Capital. Benchmark maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Tuesday, February 9. Benchmark has “Buy” rating and $125 target. The rating was downgraded by Vetr to “Buy” on Thursday, September 17. The stock of Expedia Group, Inc. (NASDAQ:EXPE) has “Buy” rating given on Friday, October 30 by UBS. Citigroup maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Friday, October 27. Citigroup has “Buy” rating and $170 target.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.17, from 1.06 in 2017Q4. It dropped, as 75 investors sold EXPE shares while 170 reduced holdings. 73 funds opened positions while 145 raised stakes. 116.20 million shares or 1.99% less from 118.55 million shares in 2017Q4 were reported. Northwestern Mutual Wealth Management invested in 3,491 shares or 0% of the stock. Point72 Asset Mgmt Ltd Partnership holds 15,000 shares. Los Angeles Mngmt And Equity holds 0.07% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE) for 109,029 shares. Sterling Cap Ltd Company reported 0.03% stake. Atria Investments Ltd Liability Corporation has 6,624 shares for 0.04% of their portfolio. Shellback Cap Lp has invested 0.12% in Expedia Group, Inc. (NASDAQ:EXPE). Asset Mgmt One Com Limited owns 234,140 shares. Arizona State Retirement System accumulated 41,221 shares. Cibc Asset Mgmt holds 0.01% or 18,997 shares in its portfolio. D E Shaw And Co, New York-based fund reported 174,632 shares. Qci Asset reported 0% stake. Wetherby Asset Mngmt holds 0.03% or 2,240 shares in its portfolio. Fiera Corporation, Quebec – Canada-based fund reported 7,496 shares. State Of Wisconsin Inv Board has invested 0.06% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE). First Allied Advisory Services Inc holds 0.01% or 2,832 shares.

More news for Expedia Group, Inc. (NASDAQ:EXPE) were recently published by: Seekingalpha.com, which released: “Booking Holdings: Great Business Despite Increasing Competition” on May 30, 2018. Forbes.com‘s article titled: “After A Strong Start To The Year, What We Expect From Expedia In 2018” and published on May 29, 2018 is yet another important article.

Kornitzer Capital Management Inc, which manages about $11.35B and $5.84B US Long portfolio, decreased its stake in Duluth Holdings Inc by 18,300 shares to 30,200 shares, valued at $566,000 in 2018Q1, according to the filing. It also reduced its holding in General Dynamics Corp (NYSE:GD) by 7,890 shares in the quarter, leaving it with 167,038 shares, and cut its stake in Zendesk Inc (NYSE:ZEN).

Three Peaks Capital Management Llc, which manages about $566.27 million and $584.04 million US Long portfolio, upped its stake in Ihs Markit Ltd by 30,659 shares to 209,053 shares, valued at $10.09M in 2018Q1, according to the filing. It also increased its holding in Hd Supply Hldgs Inc (NASDAQ:HDS) by 21,066 shares in the quarter, for a total of 207,841 shares, and has risen its stake in Xpo Logistics Inc (NYSE:XPO).

More notable recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Nasdaq.com which released: “LPL Financial Reports Monthly Activity for April 2018” on May 22, 2018, also Nasdaq.com with their article: “LPL Financial Presenting at William Blair’s 38th Annual Growth Stock Conference” published on June 06, 2018, Globenewswire.com published: “LPL Financial Welcomes Flood Financial Services” on June 14, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) were released by: Globenewswire.com and their article: “LPL Financial Elects Allison Mnookin as New Independent Director” published on June 04, 2018 as well as Globenewswire.com‘s news article titled: “LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference” with publication date: May 24, 2018.

Since February 5, 2018, it had 0 insider purchases, and 15 insider sales for $93.93 million activity. Morrissey William P. Jr. sold $1.25M worth of stock. Kalbaugh John Andrew sold $151,395 worth of stock or 2,397 shares. Another trade for 5,632 shares valued at $353,521 was made by RIEPE JAMES S on Friday, March 2. Arnold Dan H. also sold $261,061 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) shares. Calder Tracy sold $476,822 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Monday, May 7. Another trade for 6,050 shares valued at $420,959 was made by Oroschakoff Michelle on Friday, May 11.

Investors sentiment increased to 1.35 in Q1 2018. Its up 0.33, from 1.02 in 2017Q4. It improved, as 11 investors sold LPLA shares while 85 reduced holdings. 56 funds opened positions while 74 raised stakes. 79.75 million shares or 1.79% less from 81.20 million shares in 2017Q4 were reported. Grantham Mayo Van Otterloo Limited Liability Com holds 3,600 shares. Enterprise Fincl Service reported 32 shares. Aqr Management Limited Liability Co owns 248,433 shares. 294,057 are held by Morgan Stanley. Northwestern Mutual Wealth Management Com reported 0% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Clarivest Asset Mgmt Llc reported 159,108 shares. Spo Advisory Corporation, a California-based fund reported 6.44M shares. Hanseatic Mgmt Serv holds 8,577 shares or 0.5% of its portfolio. State Bank Of Ny Mellon Corp reported 0.02% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). 31,681 were reported by Guggenheim Capital Ltd Liability Com. Tourbillon Capital Prtnrs LP has invested 2.42% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Zacks Inv Mngmt stated it has 0.03% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Hsbc Public Ltd Co holds 6,683 shares. Fmr Limited Co stated it has 1.08M shares or 0.01% of all its holdings. Stratos Wealth Ptnrs Limited invested 0% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA).

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on July, 26. They expect $1.22 earnings per share, up 64.86% or $0.48 from last year’s $0.74 per share. LPLA’s profit will be $110.05 million for 14.35 P/E if the $1.22 EPS becomes a reality. After $1.01 actual earnings per share reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts 20.79% EPS growth.

Among 11 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. LPL Financial Holdings had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, February 1 by Keefe Bruyette & Woods. Morgan Stanley maintained it with “Equal-Weight” rating and $74 target in Wednesday, May 30 report. The company was maintained on Friday, February 2 by SunTrust. Citigroup maintained it with “Buy” rating and $65 target in Monday, October 30 report. Goldman Sachs downgraded the shares of LPLA in report on Wednesday, May 16 to “Hold” rating. SunTrust maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) on Friday, October 27 with “Buy” rating. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, June 5 report. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Buy”. On Tuesday, January 10 the stock rating was upgraded by Goldman Sachs to “Neutral”.

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

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