Kendall Capital Management Buys 2,585 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Kendall Capital Management lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 32.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,550 shares of the online travel company's stock after acquiring an additional 2,585 shares during the period. Kendall Capital Management's holdings in Expedia Group were worth $1,966,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Greenleaf Trust lifted its holdings in shares of 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 acquiring an additional 61 shares during the period. Hantz Financial Services Inc. increased its position in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock worth $441,000 after purchasing an additional 62 shares in the last quarter. Empirical Finance LLC increased its position in Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock worth $704,000 after purchasing an additional 63 shares in the last quarter. UMB Bank n.a. increased its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after purchasing an additional 63 shares in the last quarter. Finally, GHE LLC increased its position in Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company's stock worth $980,000 after purchasing an additional 69 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity

In other news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction dated 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 owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 owns 158,505 shares in the company, 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 have sold 25,000 shares of company stock worth $4,577,900 in the last 90 days. Company insiders own 6.80% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on EXPE shares. Argus increased their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Citigroup increased their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Melius raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price objective for the company in a research report on Monday, January 6th. Wells Fargo & Company increased their price objective 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. Finally, Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. Nineteen research 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $192.64.

Expedia Group Price Performance

NASDAQ EXPE traded up $0.26 on Friday, reaching $184.33. The company's stock had a trading volume of 2,258,916 shares, compared to its average volume of 1,872,114. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. 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 stock has a market cap of $23.75 billion, a PE ratio of 20.37, a PEG ratio of 0.92 and a beta of 1.83. The firm's 50 day moving average is $187.09 and its two-hundred day moving average is $170.96.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted 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 return on equity of 52.41% and a net margin of 9.01%. As a group, sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. This is an increase from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. Expedia Group's dividend payout ratio is currently 17.68%.

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.