Oxbow Advisors LLC Purchases 2,374 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Oxbow Advisors LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,941 shares of the online travel company's stock after purchasing an additional 2,374 shares during the period. Oxbow Advisors LLC's holdings in Expedia Group were worth $6,883,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of EXPE. Windacre Partnership LLC grew its position in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after buying an additional 1,431,500 shares during the period. Pacer Advisors Inc. increased its stake in Expedia Group by 22.5% in 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 purchasing an additional 596,510 shares in the last quarter. Geode Capital Management LLC raised its holdings in Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock worth $472,212,000 after purchasing an additional 20,005 shares during the period. Fisher Asset Management LLC boosted its position in shares of 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 worth $250,078,000 after purchasing an additional 144,579 shares in the last quarter. Finally, Alkeon Capital Management LLC increased its position in shares of Expedia Group by 46.3% in the 3rd 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 in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Trading Up 1.3 %

EXPE stock traded up $2.55 during mid-day trading on Monday, reaching $199.36. The company's stock had a trading volume of 828,701 shares, compared to its average volume of 2,025,528. The business's 50 day moving average price is $185.40 and its 200 day moving average price is $166.51. The company has a market cap of $25.69 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly 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, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.40 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.80%. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio is presently 17.68%.

Analyst Ratings Changes

EXPE has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a report on Monday, January 13th. BMO Capital Markets lifted their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a research report on Monday, February 10th. Wedbush restated a "neutral" rating and set a $215.00 price objective (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research report on Friday, February 7th. Finally, DA Davidson boosted their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of "Moderate Buy" and an average price target of $192.64.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated 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 sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock valued at $4,577,900. Company insiders own 6.80% of the company's stock.

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.