Schroder Investment Management Group Has $8.30 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Schroder Investment Management Group decreased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,490 shares of the online travel company's stock after selling 11,915 shares during the quarter. Schroder Investment Management Group's holdings in Expedia Group were worth $8,297,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SRH Advisors LLC bought a new position in shares of Expedia Group in the fourth quarter worth $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group in the fourth quarter worth about $28,000. Grove Bank & Trust grew its position in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock valued at $51,000 after buying an additional 117 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in shares of Expedia Group during the 4th quarter worth about $72,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Down 6.9 %

Shares of Expedia Group stock traded down $10.51 on Friday, hitting $141.86. 4,648,075 shares of the company traded hands, compared to its average volume of 1,956,422. 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 company has a 50-day moving average price of $180.61 and a 200 day moving average price of $175.03. The company has a market cap of $18.28 billion, a PE ratio of 15.68, a PEG ratio of 0.92 and a beta of 1.65.

Remove Ads

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

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.13%. 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. Expedia Group's payout ratio is currently 17.68%.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was 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 directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction 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 company's stock in a transaction that occurred on Monday, February 3rd. The stock was 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 of the company's stock, valued at $26,912,563.95. The trade was 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 company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on EXPE shares. JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. Cantor Fitzgerald reissued a "neutral" rating and issued a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Benchmark restated a "buy" rating and issued a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. The Goldman Sachs Group lifted their target price on Expedia Group from $208.00 to $236.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Finally, Wedbush reissued a "neutral" rating and issued a $215.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $193.43.

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.