Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Scotia Capital Inc.

Scotia Capital Inc. lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 26.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,271 shares of the online travel company's stock after selling 7,346 shares during the quarter. Scotia Capital Inc.'s holdings in Expedia Group were worth $3,777,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Expedia Group during the fourth quarter worth $670,565,000. KBC Group NV grew its position in shares of Expedia Group by 326.9% in the 4th quarter. KBC Group NV now owns 293,482 shares of the online travel company's stock valued at $54,685,000 after buying an additional 224,732 shares during the last quarter. Teacher Retirement System of Texas increased its stake in shares of Expedia Group by 193.3% in the fourth quarter. Teacher Retirement System of Texas now owns 340,171 shares of the online travel company's stock valued at $63,384,000 after buying an additional 224,182 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Expedia Group by 6.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,360,374 shares of the online travel company's stock worth $439,808,000 after acquiring an additional 150,480 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in shares of Expedia Group by 1,632.1% in the fourth quarter. Wealthfront Advisers LLC now owns 104,653 shares of the online travel company's stock worth $19,500,000 after acquiring an additional 98,611 shares during the period. 90.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on EXPE. The Goldman Sachs Group raised their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Bank of America upgraded shares of Expedia Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Cantor Fitzgerald reiterated a "neutral" rating and set a $210.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. B. Riley reissued a "buy" rating and issued a $235.00 price objective (up from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, DA Davidson raised their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Nineteen investment 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, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $190.18.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated 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 transaction, the director now directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 completion of the transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Trading Down 1.1 %

Shares of NASDAQ:EXPE traded down $1.75 during midday trading on Thursday, reaching $150.83. 776,278 shares of the company's stock were exchanged, compared to its average volume of 2,001,440. 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 stock has a market cap of $19.43 billion, a price-to-earnings ratio of 16.69, a P/E/G ratio of 0.92 and a beta of 1.65. The firm's 50 day simple moving average is $175.65 and its two-hundred day simple moving average is $174.89. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data 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, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.06%. 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 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.