Mizuho Securities USA LLC Buys 3,558 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Mizuho Securities USA LLC increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 44.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,641 shares of the online travel company's stock after buying an additional 3,558 shares during the quarter. Mizuho Securities USA LLC's holdings in Expedia Group were worth $2,169,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. SRH Advisors LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at approximately $28,000. Grove Bank & Trust raised its position in 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 purchasing an additional 142 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after purchasing an additional 117 shares during the period. Brooklyn Investment Group acquired a new position in Expedia Group in the 3rd quarter valued at about $51,000. Finally, Golden State Wealth Management LLC purchased a new position in Expedia Group in the 4th quarter valued at approximately $72,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Susquehanna raised their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. Truist Financial upped their price objective on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, March 12th. Cantor Fitzgerald restated a "neutral" rating and issued a $210.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. Finally, Melius Research upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $193.43.

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Insider Transactions at Expedia Group

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

Expedia Group Price Performance

Shares of Expedia Group stock traded down $0.97 during midday trading on Friday, reaching $168.10. The company had a trading volume of 1,807,176 shares, compared to its average volume of 1,947,934. The stock has a fifty day simple moving average of $182.84 and a 200 day simple moving average of $173.61. 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 company has a market capitalization of $21.66 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. 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 (EPS) for the quarter, missing the consensus estimate 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, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company 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 boost 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 0.95%. 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.