Clare Market Investments LLC Takes $319,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Clare Market Investments LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,711 shares of the online travel company's stock, valued at approximately $319,000.

Other large investors have also bought and sold shares of the company. Greenleaf Trust lifted its position in Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after buying an additional 61 shares during the last quarter. Hantz Financial Services Inc. increased its position in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock valued at $441,000 after buying an additional 62 shares in the last quarter. Empirical Finance LLC increased its holdings in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock valued at $704,000 after acquiring an additional 63 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after purchasing an additional 63 shares during the period. Finally, GHE LLC increased its holdings in Expedia Group by 1.0% in the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company's stock worth $980,000 after buying an additional 69 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Trading Down 7.3 %

EXPE traded down $12.85 during trading on Tuesday, reaching $163.75. The company had a trading volume of 6,655,483 shares, compared to its average volume of 1,893,026. The firm's 50-day simple moving average is $186.44 and its 200 day simple moving average is $171.45. The company has a market cap of $21.10 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 0.92 and a beta of 1.83. 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, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73.

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

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.98%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group's dividend payout ratio is 17.68%.

Analyst Upgrades and Downgrades

EXPE has been the topic of a number of recent analyst reports. Baird R W upgraded Expedia Group to a "strong-buy" rating in a research report on Wednesday, November 27th. UBS Group restated a "neutral" rating on shares of Expedia Group in a research note on Tuesday, February 4th. Melius raised Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price target on the stock in a research report on Monday, January 6th. Cantor Fitzgerald reissued a "neutral" rating and set a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Finally, Wedbush reiterated a "neutral" rating and issued a $215.00 price target (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $192.64.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated 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 $15,325,061.40. This represents a 6.29 % 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, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 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. Over the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is owned by company insiders.

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.