CSM Advisors LLC Sells 2,265 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

CSM Advisors LLC reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,874 shares of the online travel company's stock after selling 2,265 shares during the period. Expedia Group makes up approximately 1.2% of CSM Advisors LLC's investment portfolio, making the stock its 27th biggest position. CSM Advisors LLC owned about 0.07% of Expedia Group worth $17,677,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB lifted its position in shares of Expedia Group by 17.8% during the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock valued at $5,729,000 after acquiring an additional 4,656 shares during the period. Teamwork Financial Advisors LLC acquired a new position in Expedia Group in the fourth quarter valued at about $1,791,000. Clare Market Investments LLC bought a new stake in Expedia Group during the fourth quarter worth about $319,000. Nisa Investment Advisors LLC grew its stake in Expedia Group by 17.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock worth $11,180,000 after buying an additional 9,086 shares in the last quarter. Finally, Cigna Investments Inc. New bought a new position in Expedia Group in the 4th quarter valued at about $238,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Trading Up 0.4 %

NASDAQ:EXPE traded up $0.56 on Friday, reaching $160.11. 1,020,656 shares of the stock traded hands, compared to its average volume of 2,009,609. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company's 50 day moving average is $168.91 and its 200-day moving average is $175.13. The firm has a market capitalization of $20.63 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal 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 given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 1.00%. Expedia Group's dividend payout ratio (DPR) is 17.68%.

Insider Activity

In other news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares of the company's stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction dated 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 directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EXPE shares. Cantor Fitzgerald reiterated a "neutral" rating and set a $210.00 price target (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. HSBC upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price target on the stock in a research note on Friday, February 7th. Morgan Stanley dropped their price objective on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Finally, StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 15th. 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 MarketBeat.com, Expedia Group has a consensus rating of "Moderate Buy" and an average target price of $190.18.

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.