Cypress Capital Group Has $912,000 Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Cypress Capital Group decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 23.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,894 shares of the online travel company's stock after selling 1,481 shares during the period. Cypress Capital Group's holdings in Expedia Group were worth $912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EXPE. Windacre Partnership LLC grew its position in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock worth $481,170,000 after buying an additional 596,510 shares in the last quarter. Geode Capital Management LLC grew its holdings in Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock worth $472,212,000 after buying an additional 20,005 shares in the last quarter. Fisher Asset Management LLC increased its position in Expedia Group by 9.4% in the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock valued at $250,078,000 after acquiring an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC raised its stake in Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock valued at $233,349,000 after acquiring an additional 498,934 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

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Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business's 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 of the company's stock, valued at $15,325,061.40. This represents a 6.29 % 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 currently owned by corporate insiders.

Expedia Group Stock Up 0.1 %

Shares of NASDAQ:EXPE traded up $0.26 during trading on Friday, reaching $184.33. 2,258,916 shares of the company traded hands, compared to its average volume of 1,872,114. The firm has a fifty day simple moving average of $187.09 and a 200 day simple moving average of $170.70. The company has a quick ratio of 0.72, a current 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 firm has a market cap of $23.75 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (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%. 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 disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio is currently 17.68%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EXPE shares. Bank of America raised Expedia Group from a "neutral" rating to a "buy" rating and raised their price target for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. StockNews.com upgraded shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 15th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Baird R W upgraded shares of Expedia Group to a "strong-buy" rating in a research note on Wednesday, November 27th. Finally, JMP Securities restated a "market perform" rating on shares of Expedia Group in a research report on Friday, February 7th. Nineteen 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. According to MarketBeat.com, Expedia Group currently has a consensus rating of "Moderate Buy" and an average target price of $192.64.

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.