Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by National Bank of Canada FI

National Bank of Canada FI grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,258 shares of the online travel company's stock after buying an additional 4,793 shares during the period. National Bank of Canada FI's holdings in Expedia Group were worth $11,601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in EXPE. Cannell & Spears LLC bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $6,496,000. Prudent Man Investment Management Inc. bought a new position in Expedia Group during the fourth quarter valued at $34,000. Edmond DE Rothschild Holding S.A. raised its stake in shares of Expedia Group by 3,462.5% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,425 shares of the online travel company's stock valued at $266,000 after acquiring an additional 1,385 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Expedia Group by 34.4% in the 4th quarter. Wellington Management Group LLP now owns 14,055 shares of the online travel company's stock worth $2,619,000 after acquiring an additional 3,595 shares during the last quarter. Finally, Brandywine Global Investment Management LLC grew its holdings in Expedia Group by 5.4% during the 4th quarter. Brandywine Global Investment Management LLC now owns 176,023 shares of the online travel company's stock valued at $32,798,000 after purchasing an additional 9,052 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on EXPE shares. The Goldman Sachs Group boosted their target price on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Wedbush reaffirmed a "neutral" rating and set a $215.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Wells Fargo & Company set a $143.00 price objective on Expedia Group and gave the stock an "equal weight" rating in a report on Monday. Citigroup increased their price target on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 11th. Finally, Susquehanna lifted their price objective on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Monday, February 10th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $191.43.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on 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 transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 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. 6.80% of the stock is currently owned by company insiders.

Expedia Group Stock Performance

NASDAQ:EXPE traded down $13.06 during trading hours on Thursday, reaching $148.62. The company had a trading volume of 926,672 shares, compared to its average volume of 1,991,583. The firm has a market cap of $19.15 billion, a PE ratio of 16.43, 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. The business's 50 day moving average price is $178.23 and its 200-day moving average price is $174.97. 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 (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 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%. Research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued 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 dividend on an annualized basis and a yield of 1.08%. Expedia Group's dividend 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.