Jones Financial Companies Lllp Grows Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Jones Financial Companies Lllp lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,870 shares of the online travel company's stock after acquiring an additional 1,696 shares during the period. Jones Financial Companies Lllp's holdings in Expedia Group were worth $907,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SRH Advisors LLC bought a new position in Expedia Group in the fourth quarter worth approximately $28,000. Grove Bank & Trust increased its stake in shares of Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group in the 3rd quarter worth about $51,000. Finally, Golden State Wealth Management LLC acquired a new stake in Expedia Group in the 4th quarter worth about $72,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded up $0.26 during trading on Friday, hitting $184.33. 2,258,916 shares of the company were exchanged, compared to its average volume of 1,872,114. The business's 50 day moving average is $187.09 and its 200-day moving average is $170.70. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company has a market capitalization of $23.75 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

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

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This is a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, March 6th. Expedia Group's dividend payout ratio is presently 17.68%.

Wall Street Analyst Weigh In

Several research firms have recently commented on EXPE. Wells Fargo & Company lifted their price target on shares of Expedia Group from $168.00 to $199.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. DA Davidson upped their price objective on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Argus upped their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Barclays boosted their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Finally, UBS Group restated a "neutral" rating on shares of Expedia Group in a research note on Tuesday, February 4th. Nineteen investment 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $192.64.

Insider Buying and Selling

In other news, 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 value of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction 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 of the company's stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. Corporate insiders own 6.80% of the company's stock.

About Expedia Group

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.