Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181,892 shares of the online travel company's stock after acquiring an additional 4,311 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.14% of Expedia Group worth $33,892,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quest Partners LLC acquired a new position in shares of Expedia Group during the 3rd quarter worth about $245,000. Pathstone Holdings LLC lifted its stake in Expedia Group by 2.0% during the third quarter. Pathstone Holdings LLC now owns 9,802 shares of the online travel company's stock worth $1,451,000 after purchasing an additional 195 shares during the last quarter. Cerity Partners LLC boosted its holdings in Expedia Group by 67.4% in the third quarter. Cerity Partners LLC now owns 57,409 shares of the online travel company's stock valued at $8,498,000 after purchasing an additional 23,118 shares in the last quarter. Centaurus Financial Inc. purchased a new position in Expedia Group in the third quarter valued at approximately $383,000. Finally, Daiwa Securities Group Inc. increased its stake in Expedia Group by 7.9% in the third quarter. Daiwa Securities Group Inc. now owns 17,310 shares of the online travel company's stock valued at $2,562,000 after purchasing an additional 1,262 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Analysts Set New Price Targets

EXPE has been the subject of several research analyst reports. DA Davidson upped their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Friday, February 7th. BMO Capital Markets boosted their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a research report on Monday, February 10th. Truist Financial raised their price objective on Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a report on Wednesday, March 12th. StockNews.com raised Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 15th. Finally, Barclays raised their price target on Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, Expedia Group has a consensus rating of "Moderate Buy" and a consensus price target of $193.43.

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Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the sale, the director now owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock worth $4,577,900 in the last three months. Corporate insiders own 6.80% of the company's stock.

Expedia Group Stock Performance

EXPE stock remained flat at $168.10 during trading on Monday. 2,405,312 shares of the company were exchanged, compared to its average volume of 1,949,757. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock has a market cap of $21.66 billion, a P/E ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. The firm's 50-day moving average is $182.07 and its 200 day moving average is $174.72.

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 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%. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is 17.68%.

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.