Korea Investment CORP Has $21.37 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Korea Investment CORP lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 11.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 114,690 shares of the online travel company's stock after acquiring an additional 11,379 shares during the period. Korea Investment CORP owned 0.09% of Expedia Group worth $21,370,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Windacre Partnership LLC raised its stake in Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock valued at $639,994,000 after acquiring an additional 1,431,500 shares in the last quarter. KBC Group NV raised its stake in shares of Expedia Group by 326.9% during the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company's stock valued at $54,685,000 after purchasing an additional 224,732 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Expedia Group by 193.3% in the fourth quarter. Teacher Retirement System of Texas now owns 340,171 shares of the online travel company's stock worth $63,384,000 after purchasing an additional 224,182 shares during the period. Wealthfront Advisers LLC grew its position in Expedia Group by 1,632.1% in the 4th quarter. Wealthfront Advisers LLC now owns 104,653 shares of the online travel company's stock valued at $19,500,000 after buying an additional 98,611 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in Expedia Group during the 4th quarter valued at about $17,602,000. Institutional investors own 90.76% of the company's stock.

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Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the insider now 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 25,000 shares of company stock valued at $4,577,900. Company insiders own 6.80% of the company's stock.

Expedia Group Stock Down 0.4 %

Shares of EXPE stock traded down $0.60 on Wednesday, hitting $167.10. The company's stock had a trading volume of 1,314,081 shares, compared to its average volume of 1,942,275. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $21.53 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The firm's fifty day moving average price is $181.80 and its 200-day moving average price is $174.94.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results 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%. Research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.96%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. Expedia Group's payout ratio is presently 17.68%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EXPE. UBS Group reiterated a "neutral" rating on shares of Expedia Group in a report on Tuesday, February 4th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 15th. HSBC upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective for the company in a report on Friday, February 7th. Finally, Bank of America raised Expedia Group from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $187.00 to $221.00 in a report on Wednesday, December 18th. 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 MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $193.43.

Expedia Group 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.