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Todd Asset Management LLC Has $29.33 Million Position in Expedia Group, Inc. $EXPE
Todd Asset Management LLC reduced its stake in Expedia Group by 9.8% in Q3, selling 14,862 shares but retaining 137,215 shares valued at $29.33 million. Despite this, Expedia reported strong Q4 earnings, beating expectations with higher EPS and revenue, and increased its quarterly dividend by 20%. However, the stock is trading lower due to mixed analyst reactions and concerns about near-term margins.