Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB raised its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 17.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,744 shares of the online travel company's stock after acquiring an additional 4,656 shares during the quarter. Handelsbanken Fonder AB's holdings in Expedia Group were worth $5,729,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SRH Advisors LLC acquired a new position in Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust boosted 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 valued at $30,000 after buying an additional 142 shares during the period. Venturi Wealth Management LLC boosted its stake in shares of Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new position in shares of Expedia Group in the 3rd quarter valued at about $51,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at about $72,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Down 4.0 %

EXPE stock opened at $196.91 on Monday. The company has a market cap of $25.37 billion, a P/E ratio of 21.76, a P/E/G ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company's 50-day moving average price is $185.40 and its 200 day moving average price is $166.51. 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 (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business 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 dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.81%. This is an increase 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 Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction dated 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed 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 that occurred 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 transaction, the director now directly owns 158,505 shares of the company's stock, 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. Over the last 90 days, insiders have sold 25,000 shares of company stock valued at $4,577,900. Corporate insiders own 6.80% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price objective on Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft cut Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 15th. Wells Fargo & Company increased their price target on shares of Expedia Group from $168.00 to $199.00 and gave the company an "equal weight" rating in a research note on Friday, February 7th. Finally, JMP Securities reissued a "market perform" rating on shares of Expedia Group in a report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of "Moderate Buy" and an average price target of $192.64.

Expedia Group Company 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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