Regal Investment Advisors LLC Has $5.70 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Regal Investment Advisors LLC cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,600 shares of the online travel company's stock after selling 3,780 shares during the period. Regal Investment Advisors LLC's holdings in Expedia Group were worth $5,702,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in EXPE. Jump Financial LLC lifted its holdings in shares of Expedia Group by 45.5% in the fourth quarter. Jump Financial LLC now owns 2,811 shares of the online travel company's stock valued at $524,000 after purchasing an additional 879 shares in the last quarter. Bridgewater Associates LP boosted its position in Expedia Group by 73.4% during the 4th quarter. Bridgewater Associates LP now owns 854,262 shares of the online travel company's stock worth $159,175,000 after acquiring an additional 361,543 shares during the period. LTS One Management LP acquired a new position in shares of Expedia Group in the 4th quarter valued at about $20,496,000. Canada Post Corp Registered Pension Plan acquired a new stake in shares of Expedia Group during the fourth quarter worth approximately $443,000. Finally, Belpointe Asset Management LLC purchased a new stake in Expedia Group in the 4th quarter worth approximately $279,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred on 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 transaction, the insider now owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. This represents 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 company insiders.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded down $1.42 during trading on Friday, reaching $151.15. The company had a trading volume of 2,152,112 shares, compared to its average volume of 2,012,376. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The business's 50 day moving average price is $174.61 and its 200-day moving average price is $174.91. The stock has a market cap of $19.48 billion, a PE ratio of 16.70, a PEG ratio of 0.92 and a beta of 1.65.

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

Expedia Group Increases Dividend

The firm also recently declared 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. This is a boost 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 1.06%. Expedia Group's payout ratio is currently 17.68%.

Analysts Set New Price Targets

EXPE has been the subject of several recent research reports. Wells Fargo & Company set a $143.00 price objective on Expedia Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. JMP Securities reissued a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. HSBC upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 target price for the company in a research note on Friday, February 7th. Truist Financial raised their price target 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. Finally, Argus upped their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of "Moderate Buy" and an average target price of $190.18.

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.