313,246 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Marshall Wace LLP

Marshall Wace LLP acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 313,246 shares of the online travel company's stock, valued at approximately $58,367,000. Marshall Wace LLP owned 0.24% of Expedia Group as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EXPE. Handelsbanken Fonder AB raised its position in shares of Expedia Group by 17.8% during the fourth 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 last quarter. Teamwork Financial Advisors LLC bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $1,791,000. Clare Market Investments LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $319,000. Nisa Investment Advisors LLC raised its position in Expedia Group by 17.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock worth $11,180,000 after purchasing an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New bought a new stake in shares of Expedia Group during the 4th quarter worth approximately $238,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

EXPE stock traded up $4.01 during midday trading on Wednesday, reaching $156.94. 596,483 shares of the company's stock traded hands, compared to its average volume of 2,007,496. The company has a 50-day simple moving average of $171.57 and a two-hundred day simple moving average of $175.14. The company has a market cap of $20.22 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 0.92 and a beta of 1.65. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. 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 announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates 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 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed 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 boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 1.02%. Expedia Group's payout ratio is 17.68%.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 directly owns 74,502 shares in the company, valued at $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. 6.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

EXPE has been the subject of a number of research analyst reports. BMO Capital Markets lifted their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a report on Monday, February 10th. B. Riley reaffirmed a "buy" rating and issued a $235.00 price objective (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. The Goldman Sachs Group upped their price target 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. Barclays raised their target price on Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Finally, Melius Research raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Nineteen equities 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. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price 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.