Vinva Investment Management Ltd raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 583.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,563 shares of the online travel company's stock after acquiring an additional 74,747 shares during the period. Expedia Group comprises approximately 0.6% of Vinva Investment Management Ltd's investment portfolio, making the stock its 28th largest holding. Vinva Investment Management Ltd owned 0.07% of Expedia Group worth $16,352,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently bought and sold shares of the company. OneDigital Investment Advisors LLC increased its position in shares of Expedia Group by 16.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,485 shares of the online travel company's stock valued at $368,000 after purchasing an additional 356 shares during the last quarter. CIBC Asset Management Inc increased its holdings in Expedia Group by 6.8% during the third quarter. CIBC Asset Management Inc now owns 18,355 shares of the online travel company's stock worth $2,717,000 after buying an additional 1,163 shares during the last quarter. Natixis Advisors LLC raised its position in Expedia Group by 21.3% in the third quarter. Natixis Advisors LLC now owns 80,869 shares of the online travel company's stock worth $11,971,000 after acquiring an additional 14,177 shares during the period. Quest Partners LLC bought a new stake in Expedia Group in the third quarter worth about $245,000. Finally, LMR Partners LLP boosted its stake in Expedia Group by 26.2% in the third quarter. LMR Partners LLP now owns 2,270 shares of the online travel company's stock valued at $336,000 after acquiring an additional 471 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.
Expedia Group Trading Up 0.4 %
Expedia Group stock traded up $0.72 during trading hours on Friday, reaching $173.81. The company had a trading volume of 4,416,361 shares, compared to its average volume of 1,905,231. The firm has a market cap of $22.40 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The company has a 50-day moving average price of $183.68 and a 200 day moving average price of $172.76.
Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results 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 net margin of 9.01% and a return on equity of 52.41%. Equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.
Expedia Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This is a positive change 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 0.92%. The ex-dividend date is Thursday, March 6th. Expedia Group's dividend payout ratio is currently 17.68%.
Insider Buying and Selling
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the firm's stock in a transaction dated 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 owns 74,502 shares of the company's stock, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,577,900 over the last ninety days. 6.80% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of research firms recently commented on EXPE. Morgan Stanley lifted their price target on shares of Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Bank of America upgraded Expedia Group from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Citigroup lifted their target price on Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. DA Davidson increased their price target on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Finally, Melius upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price objective for the company in a research report on Monday, January 6th. 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 company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $193.43.
Check Out Our Latest Analysis on Expedia Group
Expedia Group Company Profile
(
Free Report)
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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