Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,022 shares of the online travel company's stock after selling 6,847 shares during the quarter. Natixis Advisors LLC owned 0.06% of Expedia Group worth $13,792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Windacre Partnership LLC increased its stake in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after acquiring an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its position in Expedia Group by 22.5% during the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after buying an additional 596,510 shares during the period. Geode Capital Management LLC grew its position in Expedia Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock valued at $472,212,000 after buying an additional 20,005 shares during the period. Fisher Asset Management LLC grew its position in Expedia Group by 9.4% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock valued at $250,078,000 after buying an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC grew its position in Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock valued at $233,349,000 after buying an additional 498,934 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

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Expedia Group Trading Up 0.4 %

EXPE stock traded up $0.72 during trading on Friday, reaching $173.81. 4,416,361 shares of the stock were exchanged, compared to its average volume of 1,905,231. 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 business has a 50 day moving average price of $183.68 and a 200-day moving average price of $172.76. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The firm has a market capitalization of $22.40 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 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%. On average, research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.92%. Expedia Group's dividend payout ratio (DPR) is currently 17.68%.

Wall Street Analyst Weigh In

EXPE has been the topic of several analyst reports. Baird R W upgraded shares of Expedia Group to a "strong-buy" rating in a research report on Wednesday, November 27th. Cantor Fitzgerald restated a "neutral" rating and set a $210.00 price target (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. BMO Capital Markets raised their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a research report on Monday, February 10th. Susquehanna raised their price target on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Monday, February 10th. Finally, The Goldman Sachs Group raised their price target on shares of Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Nineteen 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. According to MarketBeat.com, Expedia Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $193.43.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares of the company's stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $4,577,900 over the last three months. Insiders own 6.80% of the company's stock.

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.