Banco BTG Pactual S.A. Buys Shares of 2,354 Expedia Group, Inc. (NASDAQ:EXPE)

Banco BTG Pactual S.A. acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,354 shares of the online travel company's stock, valued at approximately $436,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SRH Advisors LLC bought a new stake in Expedia Group during the fourth quarter valued at about $28,000. Grove Bank & Trust lifted its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after purchasing an additional 142 shares during the last quarter. Brooklyn Investment Group bought a new stake in Expedia Group during the 3rd quarter valued at approximately $51,000. EverSource Wealth Advisors LLC grew its holdings 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 last quarter. Finally, Golden State Wealth Management LLC bought a new position in Expedia Group in the 4th quarter worth approximately $72,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This 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 is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated 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 transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by company insiders.

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Expedia Group Trading Down 0.6 %

EXPE traded down $0.97 during trading on Friday, reaching $168.10. 1,807,176 shares of the company's stock were exchanged, compared to its average volume of 1,947,934. The company's fifty day moving average price is $182.46 and its 200-day moving average price is $174.15. The firm has a market capitalization of $21.66 billion, a PE ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data 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 net margin of 9.01% and a return on equity of 52.41%. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a dividend of $0.40 per share. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.95%. Expedia Group's dividend payout ratio (DPR) is presently 17.68%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EXPE. Susquehanna increased their price objective on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Monday, February 10th. B. Riley restated a "buy" rating and issued a $235.00 price target (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. Benchmark restated a "buy" rating and set a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. Bank of America upgraded shares of Expedia Group from a "neutral" rating to a "buy" rating and increased their target price for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Finally, Argus boosted their price target on Expedia Group from $210.00 to $220.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, Expedia Group currently has an average rating of "Moderate Buy" and an average target price of $193.43.

About Expedia Group

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.