Aire Advisors LLC Acquires 5,828 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Aire Advisors LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 79.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,187 shares of the online travel company's stock after purchasing an additional 5,828 shares during the period. Aire Advisors LLC's holdings in Expedia Group were worth $2,457,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Insight 2811 Inc. acquired a new stake in Expedia Group in the fourth quarter worth $205,000. Taikang Asset Management Hong Kong Co Ltd bought a new stake in Expedia Group in the 4th quarter valued at about $7,397,000. Prudential Financial Inc. boosted its stake in Expedia Group by 26.3% during the 4th quarter. Prudential Financial Inc. now owns 102,990 shares of the online travel company's stock valued at $19,190,000 after purchasing an additional 21,426 shares during the period. Stevens Capital Management LP bought a new position in Expedia Group in the 4th quarter worth about $261,000. Finally, Samalin Investment Counsel LLC bought a new position in Expedia Group in the 4th quarter worth about $321,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

EXPE has been the subject of several analyst reports. Morgan Stanley boosted their price objective on Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a research report on Monday, January 13th. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 11th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Melius raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price objective for the company in a report on Monday, January 6th. Finally, The Goldman Sachs Group raised their target price on shares of Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $193.43.

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Expedia Group Stock Down 0.9 %

NASDAQ:EXPE traded down $1.59 during trading hours on Friday, reaching $167.49. The company's stock had a trading volume of 939,558 shares, compared to its average volume of 1,945,176. 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 market cap of $21.58 billion, a price-to-earnings ratio of 18.51, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The business's 50-day moving average is $182.84 and its 200-day moving average is $173.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released 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 research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was 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%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm'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 value of $1,697,900.00. Following the completion of the sale, the director now owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred on 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. This 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 in the last 90 days. 6.80% of the stock is currently owned by insiders.

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.