Polymer Capital Management HK LTD Takes $363,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Polymer Capital Management HK LTD acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,950 shares of the online travel company's stock, valued at approximately $363,000.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. SRH Advisors LLC bought a new stake in Expedia Group in the 4th quarter valued at $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group during the fourth quarter valued at about $28,000. Grove Bank & Trust lifted its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares during the period. Prudent Man Investment Management Inc. acquired a new stake in Expedia Group during the fourth quarter worth about $34,000. Finally, EverSource Wealth Advisors LLC increased its stake in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock valued at $51,000 after acquiring an additional 117 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EXPE shares. Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Benchmark reissued a "buy" rating and issued a $200.00 price target on shares of Expedia Group in a report on Tuesday, February 4th. Melius Research raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Finally, Morgan Stanley upped their target price on shares of Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a research note on Monday, January 13th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Moderate Buy" and an average target price of $191.43.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

Expedia Group Trading Up 0.7 %

Shares of NASDAQ EXPE traded up $1.01 during mid-day trading on Friday, hitting $150.53. The company's stock had a trading volume of 3,123,988 shares, compared to its average volume of 2,006,310. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The company's fifty day simple moving average is $177.47 and its 200-day simple moving average is $175.02. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market cap of $19.40 billion, a price-to-earnings ratio of 16.63, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio is currently 17.68%.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.