O Shaughnessy Asset Management LLC Trims Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

O Shaughnessy Asset Management LLC decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 13.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,130 shares of the online travel company's stock after selling 22,948 shares during the period. O Shaughnessy Asset Management LLC owned about 0.12% of Expedia Group worth $28,160,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Brandywine Global Investment Management LLC raised its holdings in shares of Expedia Group by 5.4% during the fourth 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. Arrowstreet Capital Limited Partnership raised its stake in Expedia Group by 6.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,360,374 shares of the online travel company's stock valued at $439,808,000 after buying an additional 150,480 shares during the last quarter. Allianz SE bought a new position in shares of Expedia Group during the 4th quarter valued at $997,000. Allstate Corp bought a new stake in shares of Expedia Group in the fourth quarter worth $687,000. Finally, Maridea Wealth Management LLC purchased a new stake in Expedia Group during the fourth quarter valued at $346,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

EXPE traded down $11.74 during trading hours on Thursday, hitting $156.11. The company's stock had a trading volume of 1,277,640 shares, compared to its average volume of 1,940,761. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. 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's 50-day moving average price is $181.68 and its 200-day moving average price is $174.89. The stock has a market cap of $20.12 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 0.92 and a beta of 1.83.

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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 (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%. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 1.02%. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is currently 17.68%.

Insider Activity at Expedia Group

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

Wall Street Analyst Weigh In

Several research analysts have issued reports 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. Barclays boosted their target price on shares of Expedia Group from $166.00 to $187.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. Truist Financial upped their target price on shares of Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a report on Wednesday, March 12th. The Goldman Sachs Group boosted their price objective 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. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $210.00 price objective (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen research 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $193.43.

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.