Fmr LLC Raises Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

FMR LLC increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,303,532 shares of the online travel company's stock after purchasing an additional 79,372 shares during the period. FMR LLC owned 1.02% of Expedia Group worth $242,887,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in Expedia Group by 11.8% in the third quarter. Integrated Wealth Concepts LLC now owns 2,305 shares of the online travel company's stock valued at $341,000 after purchasing an additional 244 shares during the last quarter. Wellington Management Group LLP raised its stake in Expedia Group by 2.5% during the 3rd quarter. Wellington Management Group LLP now owns 10,460 shares of the online travel company's stock worth $1,548,000 after acquiring an additional 252 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in Expedia Group by 22.8% in the third quarter. Orion Portfolio Solutions LLC now owns 11,827 shares of the online travel company's stock valued at $1,751,000 after acquiring an additional 2,199 shares during the last quarter. MML Investors Services LLC boosted its stake in Expedia Group by 8.0% in the third quarter. MML Investors Services LLC now owns 11,508 shares of the online travel company's stock valued at $1,703,000 after acquiring an additional 849 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Expedia Group by 0.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 37,725 shares of the online travel company's stock worth $5,584,000 after purchasing an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America raised Expedia Group from a "neutral" rating to a "buy" rating and upped their target price for the company from $187.00 to $221.00 in a research report on Wednesday, December 18th. DA Davidson raised their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Wedbush reiterated a "neutral" rating on shares of Expedia Group in a research report on Tuesday. Benchmark reissued a "buy" rating and set a $200.00 price objective on shares of Expedia Group in a research report on Tuesday, February 4th. Finally, StockNews.com raised shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 15th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company's stock. According to MarketBeat, Expedia Group presently has an average rating of "Moderate Buy" and an average price target of $190.18.

Expedia Group Price Performance

EXPE stock traded down $1.79 during trading on Thursday, hitting $150.78. The stock had a trading volume of 566,983 shares, compared to its average volume of 2,000,736. The stock has a market cap of $19.43 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. 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 company's 50 day moving average price is $175.65 and its two-hundred day moving average price is $174.89. 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 quarterly earnings data 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 net margin of 9.01% and a return on equity of 52.41%. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.40 dividend. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 1.06%. The ex-dividend date was Thursday, March 6th. Expedia Group's dividend payout ratio is presently 17.68%.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company's stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the sale, the insider now directly owns 74,502 shares of the company's stock, valued at $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. 6.80% of the stock is currently owned by company insiders.

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.