Samalin Investment Counsel LLC Acquires Shares of 1,720 Expedia Group, Inc. (NASDAQ:EXPE)

Samalin Investment Counsel LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,720 shares of the online travel company's stock, valued at approximately $321,000.

Other hedge funds have also bought and sold shares of the company. Greenleaf Trust grew its stake in shares of Expedia Group by 2.5% in the fourth 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. Hantz Financial Services Inc. boosted its stake in Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock worth $441,000 after purchasing an additional 62 shares in the last quarter. UMB Bank n.a. grew its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after purchasing an additional 63 shares during the last quarter. Signet Financial Management LLC increased its stake in Expedia Group by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after purchasing an additional 74 shares in the last quarter. Finally, Metis Global Partners LLC raised its holdings in Expedia Group by 1.8% in the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock worth $773,000 after buying an additional 74 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

NASDAQ EXPE traded down $0.97 during trading on Friday, hitting $168.10. 1,807,176 shares of the stock traded hands, compared to its average volume of 1,947,934. 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, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The firm has a 50-day simple moving average of $182.46 and a 200-day simple moving average of $173.86. The company has a market capitalization of $21.66 billion, a P/E ratio of 18.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83.

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Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. As a group, analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm 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. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. This is a boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. Expedia Group's dividend payout ratio is currently 17.68%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. Morgan Stanley lifted their target price on Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Oppenheimer decreased their price target on Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a research note on Monday, March 17th. HSBC raised Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective on the stock in a research report on Friday, February 7th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $210.00 price objective (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Nineteen research 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, Expedia Group has an average rating of "Moderate Buy" and an average price target of $193.43.

Insider Activity at Expedia Group

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

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.