Greenland Capital Management LP Buys Shares of 10,419 Expedia Group, Inc. (NASDAQ:EXPE)

Greenland Capital Management LP acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,419 shares of the online travel company's stock, valued at approximately $1,941,000.

Other hedge funds have also modified their holdings of the company. Greenleaf Trust lifted its position in Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after buying an additional 61 shares in the last quarter. UMB Bank n.a. raised its holdings in Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after acquiring an additional 63 shares in the last quarter. Signet Financial Management LLC boosted its position in Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after purchasing an additional 74 shares during the last quarter. Metis Global Partners LLC grew its stake in Expedia Group by 1.8% in the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after purchasing an additional 74 shares in the last quarter. Finally, Diametric Capital LP increased its position in shares of Expedia Group by 1.6% during the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock worth $883,000 after purchasing an additional 74 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on EXPE. Benchmark reissued a "buy" rating and issued a $200.00 target price on shares of Expedia Group in a research note on Tuesday, February 4th. Wells Fargo & Company set a $143.00 price objective on shares of Expedia Group and gave the stock an "equal weight" rating in a research note on Monday, April 7th. Melius Research upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Morgan Stanley boosted their price target 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. Finally, Oppenheimer cut their price objective on Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a research report on Monday, March 17th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $191.43.

Expedia Group Price Performance

Shares of EXPE traded up $1.01 during trading hours on Friday, hitting $150.53. 3,123,988 shares of the company were exchanged, compared to its average volume of 2,005,830. 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 fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a market cap of $19.40 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 0.92 and a beta of 1.65. The firm's fifty day moving average is $177.47 and its 200 day moving average is $175.20.

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 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%. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share 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 paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.06%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group's dividend payout ratio (DPR) is 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 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 sale, the director now owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, 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 on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now directly owns 74,502 shares of the company's stock, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 6.80% of the company's stock.

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.