Lingohr Asset Management GmbH Sells 3,981 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Lingohr Asset Management GmbH lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 74.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,389 shares of the online travel company's stock after selling 3,981 shares during the quarter. Lingohr Asset Management GmbH's holdings in Expedia Group were worth $259,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of EXPE. SRH Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust grew its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares in the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group during the third quarter worth $51,000. EverSource Wealth Advisors LLC raised its position in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after acquiring an additional 117 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in Expedia Group in the fourth quarter valued at $72,000. Institutional investors own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction on Wednesday, February 19th. The shares were 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 $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares in the company, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $4,577,900 over the last ninety days. 6.80% of the stock is owned by insiders.

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Analysts Set New Price Targets

Several research analysts have recently weighed in on EXPE shares. Baird R W upgraded shares of Expedia Group to a "strong-buy" rating in a research note on Wednesday, November 27th. Truist Financial boosted their price target on Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, March 12th. 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. Hsbc Global Res upgraded Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Finally, Argus increased their price target on Expedia Group from $210.00 to $220.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat.com, Expedia Group has an average rating of "Moderate Buy" and a consensus price target of $193.43.

Expedia Group Price Performance

NASDAQ:EXPE traded up $4.48 during trading hours on Monday, hitting $178.29. The company's stock had a trading volume of 1,948,571 shares, compared to its average volume of 1,905,533. 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 current ratio of 0.72 and a quick ratio of 0.72. The stock has a fifty day simple moving average of $183.62 and a 200-day simple moving average of $173.33. The company has a market capitalization of $22.97 billion, a P/E ratio of 19.70, a PEG ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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%. On average, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.90%. Expedia Group's payout ratio is presently 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.