Achmea Investment Management B.V. Has $11.33 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Achmea Investment Management B.V. lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 13.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 60,804 shares of the online travel company's stock after selling 9,312 shares during the quarter. Achmea Investment Management B.V.'s holdings in Expedia Group were worth $11,329,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in EXPE. SRH Advisors LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $28,000. Grove Bank & Trust raised its stake in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after buying an additional 142 shares during the period. Venturi Wealth Management LLC raised its stake in Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group acquired a new stake in Expedia Group during the 3rd quarter worth $51,000. Finally, EverSource Wealth Advisors LLC raised its stake in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after buying an additional 117 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business'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 completion of the sale, the director now owns 158,505 shares in the company, 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 legal filing with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was 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 approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $4,577,900 over the last quarter. Company insiders own 6.80% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wells Fargo & Company raised their price objective on Expedia Group from $168.00 to $199.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Melius raised Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price objective on the stock in a research note on Monday, January 6th. Barclays raised their price objective 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. StockNews.com raised Expedia Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 15th. Finally, Robert W. Baird initiated coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an "outperform" rating and a $225.00 price target on the stock. Nineteen investment 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 MarketBeat.com, Expedia Group currently has an average rating of "Moderate Buy" and an average target price of $193.43.

Expedia Group Stock Performance

Expedia Group stock traded down $1.20 during midday trading on Tuesday, reaching $165.16. 1,869,742 shares of the company's stock were exchanged, compared to its average volume of 2,144,564. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $21.28 billion, a price-to-earnings ratio of 18.25, a P/E/G ratio of 0.92 and a beta of 1.83. The stock's 50-day simple moving average is $184.55 and its 200 day simple moving average is $172.08.

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 return on equity of 52.41% and a net margin of 9.01%. On average, analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed 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 represents a $1.60 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is currently 17.68%.

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.