Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. increased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 381,432 shares of the online travel company's stock after buying an additional 8,912 shares during the quarter. Federated Hermes Inc. owned about 0.30% of Expedia Group worth $71,073,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Handelsbanken Fonder AB grew its position in Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock valued at $5,729,000 after acquiring an additional 4,656 shares during the last quarter. Teamwork Financial Advisors LLC purchased a new position in Expedia Group in the 4th quarter worth about $1,791,000. Clare Market Investments LLC bought a new stake in Expedia Group during the 4th quarter valued at about $319,000. Nisa Investment Advisors LLC boosted its position in Expedia Group by 17.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock valued at $11,180,000 after buying an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New bought a new position in Expedia Group in the 4th quarter worth about $238,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

NASDAQ EXPE traded up $1.01 on Friday, hitting $150.53. 3,123,988 shares of the company's stock traded hands, compared to its average volume of 2,006,310. The firm's 50-day moving average price is $177.47 and its two-hundred day moving average price is $175.02. The firm has a market capitalization of $19.40 billion, a PE ratio of 16.63, a P/E/G ratio of 0.92 and a beta of 1.65. The company has a current ratio of 0.72, a quick 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 issued its 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%. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 1.06%. Expedia Group's dividend payout ratio is 17.68%.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction 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 directly owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company set a $143.00 price target on shares of Expedia Group and gave the company an "equal weight" rating in a research note on Monday, April 7th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. JMP Securities reissued a "market perform" rating on shares of Expedia Group in a research report on Friday, February 7th. Oppenheimer decreased their price objective on Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a report on Monday, March 17th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday. Nineteen equities research 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 data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $191.43.

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.