7,014 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Groupama Asset Managment

Groupama Asset Managment purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,014 shares of the online travel company's stock, valued at approximately $1,308,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Public Sector Pension Investment Board grew its holdings in Expedia Group by 18.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 5,141 shares of the online travel company's stock valued at $761,000 after buying an additional 800 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Expedia Group by 29.9% in the third quarter. Captrust Financial Advisors now owns 22,579 shares of the online travel company's stock valued at $3,342,000 after acquiring an additional 5,203 shares during the period. Benjamin Edwards Inc. purchased a new position in Expedia Group during the third quarter valued at approximately $294,000. Ascent Group LLC increased its holdings in Expedia Group by 20.8% during the 3rd quarter. Ascent Group LLC now owns 2,354 shares of the online travel company's stock worth $348,000 after acquiring an additional 405 shares during the period. Finally, Hilltop Holdings Inc. purchased a new stake in Expedia Group in the 3rd quarter worth approximately $372,000. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on EXPE shares. JMP Securities reaffirmed a "market perform" rating on shares of Expedia Group in a report on Friday, February 7th. Cantor Fitzgerald restated a "neutral" rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Melius raised Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price target on the stock in a report on Monday, January 6th. StockNews.com raised Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 15th. Finally, Oppenheimer lowered their target price on shares of Expedia Group from $235.00 to $230.00 and set an "outperform" rating on the stock in a research note on Monday, March 17th. Nineteen 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 stock. According to data from MarketBeat.com, Expedia Group presently has an average rating of "Moderate Buy" and an average price target of $193.43.

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Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 sale, the insider now directly owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 transaction, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

Expedia Group Trading Down 6.9 %

Shares of NASDAQ EXPE traded down $10.51 during trading hours on Friday, hitting $141.86. The company's stock had a trading volume of 4,648,075 shares, compared to its average volume of 1,955,284. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 0.92 and a beta of 1.83. 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 business has a 50-day simple moving average of $180.61 and a 200-day simple moving average of $174.78.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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%. On average, analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared 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 represents a $1.60 annualized dividend and a yield of 1.13%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is 17.68%.

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.