New Age Alpha Advisors LLC Invests $4.03 Million in Expedia Group, Inc. (NASDAQ:EXPE)

New Age Alpha Advisors LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 21,614 shares of the online travel company's stock, valued at approximately $4,027,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. SRH Advisors LLC purchased a new stake in Expedia Group in the 4th quarter worth about $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust lifted 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 purchasing an additional 142 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth approximately $51,000. Finally, EverSource Wealth Advisors LLC grew its position in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock valued at $51,000 after purchasing an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on EXPE. Susquehanna increased their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. Morgan Stanley lifted their price objective on Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a research report on Monday, January 13th. Benchmark restated a "buy" rating and issued a $200.00 target price on shares of Expedia Group in a research note on Tuesday, February 4th. DA Davidson raised their price target on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Finally, B. Riley reiterated a "buy" rating and set a $235.00 price target (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Nineteen investment 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's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $193.43.

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Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction on 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 completion of the transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction 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 sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by company insiders.

Expedia Group Price Performance

EXPE stock remained flat at $168.10 on Monday. 2,405,312 shares of the company were exchanged, compared to its average volume of 1,949,755. The stock has a market capitalization of $21.66 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a 50 day simple moving average of $182.46 and a two-hundred day simple moving average of $174.47. 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 (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data 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 return on equity of 52.41% and a net margin of 9.01%. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders 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 was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.95%. Expedia Group's dividend payout ratio is 17.68%.

Expedia Group Company 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.