denkapparat Operations GmbH Makes New Investment in Expedia Group, Inc. (NASDAQ:EXPE)

denkapparat Operations GmbH acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,154 shares of the online travel company's stock, valued at approximately $401,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. SRH Advisors LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at about $28,000. Sava Infond d.o.o. bought a new stake in Expedia Group during the fourth quarter valued at approximately $28,000. Grove Bank & Trust increased its holdings in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares during the last quarter. Brooklyn Investment Group bought a new position in Expedia Group in the third quarter worth approximately $51,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after acquiring an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EXPE. Citigroup raised their target price on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a report on Tuesday, February 11th. DA Davidson raised their price objective on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. B. Riley restated a "buy" rating and set a $235.00 target price (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, HSBC raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective for the company in a research note on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of "Moderate Buy" and an average price target of $193.43.

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Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction 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 approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,000 shares of company stock worth $4,577,900. Insiders own 6.80% of the company's stock.

Expedia Group Trading Up 0.1 %

NASDAQ EXPE traded up $0.16 during trading hours on Monday, hitting $168.26. 1,074,938 shares of the company were exchanged, compared to its average volume of 1,946,061. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock has a 50-day moving average price of $182.46 and a 200 day moving average price of $174.47. The stock has a market cap of $21.68 billion, a PE ratio of 18.50, 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 results 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 net margin of 9.01% and a return on equity of 52.41%. Analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.95%. Expedia Group's payout ratio is currently 17.68%.

Expedia Group Profile

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.