Loomis Sayles & Co. L P Purchases 3,126 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Loomis Sayles & Co. L P grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,323 shares of the online travel company's stock after purchasing an additional 3,126 shares during the quarter. Loomis Sayles & Co. L P owned approximately 0.06% of Expedia Group worth $14,967,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Handelsbanken Fonder AB boosted its position in Expedia Group by 17.8% during the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock valued at $5,729,000 after buying an additional 4,656 shares during the period. Teamwork Financial Advisors LLC purchased a new stake in Expedia Group in the 4th quarter worth approximately $1,791,000. Clare Market Investments LLC purchased a new position in shares of Expedia Group during the fourth quarter valued at approximately $319,000. Nisa Investment Advisors LLC lifted its stake in Expedia Group by 17.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock worth $11,180,000 after acquiring an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New purchased a new position in Expedia Group during the 4th quarter valued at $238,000. Institutional investors own 90.76% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a research report on Monday, January 13th. DA Davidson increased their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Cantor Fitzgerald restated a "neutral" rating and issued a $210.00 target price (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Wedbush reaffirmed a "neutral" rating and issued a $215.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, Truist Financial raised their price objective on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a research report on Wednesday, March 12th. Nineteen 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's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.43.

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Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated 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 sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated 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 transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,000 shares of company stock worth $4,577,900. Company insiders own 6.80% of the company's stock.

Expedia Group Price Performance

Shares of EXPE remained flat at $168.10 during trading hours on Monday. The company had a trading volume of 2,405,312 shares, compared to its average volume of 1,949,755. The company has a market cap of $21.66 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 0.92 and a beta of 1.83. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The firm has a 50 day moving average price of $182.46 and a two-hundred day moving average price of $174.47.

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 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%. As a group, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued 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 yield of 0.95%. The ex-dividend date of this dividend was Thursday, March 6th. 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.