Vanguard Group Inc. Sells 328,065 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Vanguard Group Inc. decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,807,664 shares of the online travel company's stock after selling 328,065 shares during the quarter. Vanguard Group Inc. owned approximately 11.54% of Expedia Group worth $2,759,112,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. SRH Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth about $28,000. Grove Bank & Trust boosted its position in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares during the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group during the third quarter valued at approximately $51,000. EverSource Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 117 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of Expedia Group during the 4th quarter worth approximately $72,000. Institutional investors own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business's 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 transaction, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. The trade was a 5.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 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. In the last 90 days, insiders sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is currently owned by company insiders.

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Expedia Group Trading Down 1.1 %

NASDAQ EXPE traded down $1.93 on Friday, hitting $167.14. The company's stock had a trading volume of 767,003 shares, compared to its average volume of 1,944,439. The firm has a market cap of $21.54 billion, a PE ratio of 18.42, a PEG ratio of 0.92 and a beta of 1.83. The company's 50-day moving average is $182.84 and its 200 day moving average is $173.61. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate 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, analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.40 dividend. The ex-dividend date was Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.96%. Expedia Group's dividend payout ratio is presently 17.68%.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several analyst reports. Melius Research raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. UBS Group reaffirmed a "neutral" rating on shares of Expedia Group in a report on Tuesday, February 4th. Wedbush reiterated a "neutral" rating and set a $215.00 price target (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Morgan Stanley upped their target price on Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a research report on Monday, January 13th. Finally, Bank of America raised Expedia Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $187.00 to $221.00 in a report on Wednesday, December 18th. Nineteen 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 MarketBeat, Expedia Group currently has an average rating of "Moderate Buy" and an average target price of $193.43.

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.