2,041 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Quantessence Capital LLC

Quantessence Capital LLC acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,041 shares of the online travel company's stock, valued at approximately $380,000.

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

Insider Buying and Selling

In related news, 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 completion of the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Price Performance

NASDAQ EXPE opened at $152.93 on Wednesday. The stock's fifty day moving average price is $171.57 and its 200 day moving average price is $175.14. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. 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 company has a market cap of $19.71 billion, a price-to-earnings ratio of 16.90, a PEG 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%. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.05%. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio is presently 17.68%.

Analysts Set New Price Targets

EXPE has been the subject of a number of research reports. UBS Group reiterated a "neutral" rating on shares of Expedia Group in a report on Tuesday, February 4th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. JMP Securities restated a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. JPMorgan Chase & Co. lowered their price objective on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, HSBC raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 target price on the stock in a research report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $190.18.

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.

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