Boston Partners Has $44.36 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Boston Partners decreased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 80.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,043 shares of the online travel company's stock after selling 979,791 shares during the period. Boston Partners owned approximately 0.19% of Expedia Group worth $44,355,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EXPE. Handelsbanken Fonder AB increased its position in Expedia Group by 17.8% during the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock worth $5,729,000 after acquiring an additional 4,656 shares during the period. Caprock Group LLC grew its position in shares of Expedia Group by 33.7% during the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company's stock worth $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC bought a new position in shares of Expedia Group during the fourth quarter worth approximately $1,791,000. Integrated Investment Consultants LLC acquired a new stake in shares of Expedia Group in the third quarter valued at approximately $527,000. Finally, Clare Market Investments LLC bought a new stake in shares of Expedia Group in the fourth quarter valued at approximately $319,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock worth $4,577,900 over the last quarter. Company insiders own 6.80% of the company's stock.

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Expedia Group Trading Up 2.6 %

Shares of EXPE stock traded up $4.48 on Monday, hitting $178.29. The company had a trading volume of 1,948,571 shares, compared to its average volume of 1,905,533. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month 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. The firm has a market cap of $22.97 billion, a P/E ratio of 19.70, a P/E/G ratio of 0.92 and a beta of 1.83. The stock's 50-day moving average is $183.68 and its two-hundred day moving average is $173.03.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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%. On average, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is currently 17.68%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EXPE. B. Riley restated a "buy" rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Susquehanna increased their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Truist Financial boosted their price target on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a research note on Wednesday, March 12th. JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. Finally, Melius raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 target price on the stock in a report on Monday, January 6th. Nineteen research 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. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Moderate Buy" and a consensus price target 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.