National Pension Service Cuts Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

National Pension Service cut its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 236,890 shares of the online travel company's stock after selling 24,591 shares during the period. National Pension Service owned 0.18% of Expedia Group worth $44,140,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter valued at approximately $28,000. Grove Bank & Trust raised its position in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after buying an additional 142 shares in the last quarter. Venturi Wealth Management LLC grew its position in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after buying an additional 291 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Expedia Group in the 3rd quarter valued at about $51,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Expedia Group in the 4th quarter valued at about $72,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Trading Down 2.3 %

NASDAQ:EXPE traded down $4.46 during trading hours on Monday, hitting $193.50. The company had a trading volume of 2,013,278 shares, compared to its average volume of 1,877,575. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a 50-day moving average price of $187.15 and a 200 day moving average price of $169.02. The company has a market capitalization of $24.93 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73.

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Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its 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 net margin of 9.01% and a return on equity of 52.41%. On average, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is presently 17.68%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction dated 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 sale, the insider now owns 74,502 shares of the company's stock, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction of $1,697,900.00. Following the completion of the sale, the director now owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

EXPE has been the topic of several research analyst reports. Benchmark restated a "buy" rating and issued a $200.00 price objective on shares of Expedia Group in a research report on Tuesday, February 4th. The Goldman Sachs Group increased their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a "buy" rating in a report on Friday, January 10th. BTIG Research lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, November 8th. BMO Capital Markets increased their target price on Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a research note on Monday, February 10th. Finally, Barclays raised their price target on Expedia Group from $166.00 to $187.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, Expedia Group has an average rating of "Moderate Buy" and an average price target of $192.64.

Expedia Group Profile

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.