RBF Capital LLC Sells 2,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

RBF Capital LLC lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 20.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,000 shares of the online travel company's stock after selling 2,000 shares during the quarter. RBF Capital LLC's holdings in Expedia Group were worth $1,491,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EXPE. Greenleaf Trust grew its position in Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after acquiring an additional 61 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after purchasing an additional 63 shares during the last quarter. Signet Financial Management LLC increased its stake in shares of Expedia Group by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after buying an additional 74 shares during the period. Metis Global Partners LLC raised its holdings in Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after buying an additional 74 shares during the last quarter. Finally, Diametric Capital LP boosted its position in Expedia Group by 1.6% during the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock worth $883,000 after buying an additional 74 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on EXPE shares. DA Davidson 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 Friday, February 7th. Melius upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 target price on the stock in a report on Monday, January 6th. Susquehanna raised their price target on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Cantor Fitzgerald reaffirmed 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. Finally, Wells Fargo & Company set a $143.00 target price on shares of Expedia Group and gave the stock an "equal weight" rating in a research note on Monday, April 7th. Nineteen equities research 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's stock. Based on data from MarketBeat.com, Expedia Group has an average rating of "Moderate Buy" and a consensus target price of $190.18.

Expedia Group Price Performance

EXPE opened at $152.93 on Wednesday. The firm has a market cap of $19.71 billion, a P/E ratio of 16.90, a PEG ratio of 0.92 and a beta of 1.65. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The firm has a 50-day moving average of $171.57 and a 200 day moving average of $175.14.

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, research analysts expect 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 was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.40 per share. This is an increase from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 1.05%. Expedia Group's dividend payout ratio is presently 17.68%.

Insider Buying and Selling

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 transaction of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's 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 sale, the director now directly 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. 6.80% of the stock is currently owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.