Mariner LLC Has $46.94 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Mariner LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 821.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 251,940 shares of the online travel company's stock after purchasing an additional 224,593 shares during the quarter. Mariner LLC owned 0.20% of Expedia Group worth $46,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EXPE. SRH Advisors LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at about $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group during the fourth quarter valued at approximately $28,000. Grove Bank & Trust raised its stake in Expedia Group by 676.2% during 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. Prudent Man Investment Management Inc. acquired a new position in Expedia Group in the fourth quarter worth $34,000. Finally, EverSource Wealth Advisors LLC raised its stake 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 during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Down 0.9 %

Shares of EXPE traded down $1.42 during trading hours on Friday, hitting $151.15. 2,152,112 shares of the stock traded hands, compared to its average volume of 2,012,376. The business has a fifty day moving average of $173.69 and a 200-day moving average of $174.94. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm has a market capitalization of $19.48 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 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%. Analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.40 dividend. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 1.06%. Expedia Group's dividend payout ratio is presently 17.68%.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company'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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 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. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Susquehanna increased their price target on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. StockNews.com upgraded shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 15th. The Goldman Sachs Group upped their price objective on shares of Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Truist Financial raised their price target on Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research note on Wednesday, March 12th. Finally, Wells Fargo & Company set a $143.00 target price on shares of Expedia Group and gave the stock an "equal weight" rating in a research report on Monday, April 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of "Moderate Buy" and a consensus price target of $190.18.

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.