Shelton Capital Management Purchases 5,416 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Shelton Capital Management lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 24.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,304 shares of the online travel company's stock after acquiring an additional 5,416 shares during the quarter. Shelton Capital Management's holdings in Expedia Group were worth $5,088,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. SRH Advisors LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group during the 4th quarter worth $28,000. Grove Bank & Trust lifted its holdings in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group in the fourth quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Expedia Group by 75.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock valued at $51,000 after acquiring an additional 117 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction 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 transaction, the director now 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on 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 sale, the insider now owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.

Expedia Group Trading Down 0.7 %

Shares of EXPE traded down $1.01 during midday trading on Monday, hitting $149.52. The stock had a trading volume of 427,069 shares, compared to its average volume of 1,999,801. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The business has a 50-day simple moving average of $177.47 and a two-hundred day simple moving average of $175.20. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm has a market cap of $19.27 billion, a P/E ratio of 16.52, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65.

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 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, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.07%. The ex-dividend date was Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is presently 17.68%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EXPE. Wells Fargo & Company set a $143.00 price objective on Expedia Group and gave the company an "equal weight" rating in a research report on Monday, April 7th. DA Davidson boosted their price target on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 11th. Argus lifted their price target on Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Expedia Group in a research report on Tuesday, February 4th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $191.43.

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.