Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 704.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,241 shares of the online travel company's stock after purchasing an additional 65,893 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.06% of Expedia Group worth $14,020,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Greenleaf Trust boosted its position in shares of 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 acquiring an additional 61 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Expedia Group by 14.8% in the 4th 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 last quarter. Signet Financial Management LLC grew its stake in shares of Expedia Group by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after buying an additional 74 shares during the period. Metis Global Partners LLC increased its holdings in shares of Expedia Group by 1.8% during the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock worth $773,000 after buying an additional 74 shares during the last quarter. Finally, Diametric Capital LP raised its position in shares of Expedia Group by 1.6% in the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock worth $883,000 after buying an additional 74 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of research reports. Wedbush reissued a "neutral" rating on shares of Expedia Group in a research report on Tuesday. The Goldman Sachs Group boosted their price objective on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a report on Friday, January 10th. Susquehanna upped their price target on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Monday, February 10th. 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 report on Friday, February 7th. Finally, Benchmark reissued a "buy" rating and set a $200.00 target price on shares of Expedia Group in a report on Tuesday, February 4th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, Expedia Group currently has an average rating of "Moderate Buy" and an average price target of $190.18.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $151.15 on Friday. The stock has a market cap of $19.48 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 0.92 and a beta of 1.65. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock's 50 day moving average price is $173.69 and its 200 day moving average price is $175.13.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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 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 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. The ex-dividend date was Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 1.06%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is currently 17.68%.

Insider Buying and Selling

In other news, 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now 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 disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

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.

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