Elo Mutual Pension Insurance Co Purchases 1,690 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Elo Mutual Pension Insurance Co grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 15.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,966 shares of the online travel company's stock after purchasing an additional 1,690 shares during the period. Elo Mutual Pension Insurance Co's holdings in Expedia Group were worth $2,416,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EXPE. SRH Advisors LLC bought a new position in Expedia Group in the fourth quarter worth $28,000. Grove Bank & Trust increased its stake in shares of Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after acquiring an additional 142 shares in the last quarter. Brooklyn Investment Group purchased a new position in Expedia Group during the 3rd quarter valued at about $51,000. EverSource Wealth Advisors LLC boosted its stake in Expedia Group by 75.5% during the fourth 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 in the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in Expedia Group in the fourth quarter worth about $72,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EXPE. Citigroup lifted their target price on shares of Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Susquehanna lifted their price target on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. B. Riley reissued a "buy" rating and set a $235.00 price objective (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. Wells Fargo & Company lifted their target price on shares of Expedia Group from $168.00 to $199.00 and gave the stock an "equal weight" rating in a report on Friday, February 7th. Finally, DA Davidson upped their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $193.43.

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Expedia Group Stock Performance

NASDAQ EXPE traded down $15.17 on Thursday, reaching $152.68. 747,093 shares of the stock were exchanged, compared to its average volume of 1,938,553. 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 one year low of $107.25 and a one year high of $207.73. The firm has a market capitalization of $19.67 billion, a PE ratio of 16.87, a PEG ratio of 0.92 and a beta of 1.83. The company's 50-day simple moving average is $181.68 and its two-hundred day simple moving average is $174.89.

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%. Analysts expect 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 paid a $0.40 dividend. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.05%. Expedia Group's dividend payout ratio is 17.68%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 74,502 shares of the company's stock, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by company insiders.

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.