Skandinaviska Enskilda Banken AB publ Has $9.91 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Skandinaviska Enskilda Banken AB publ boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 59.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,152 shares of the online travel company's stock after acquiring an additional 19,836 shares during the quarter. Skandinaviska Enskilda Banken AB publ's holdings in Expedia Group were worth $9,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenleaf Trust raised its position in Expedia Group by 2.5% during 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 in the last quarter. Hantz Financial Services Inc. raised its position in Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock worth $441,000 after acquiring an additional 62 shares in the last quarter. Empirical Finance LLC raised its position in Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock worth $704,000 after acquiring an additional 63 shares in the last quarter. UMB Bank n.a. raised its position in 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 acquiring an additional 63 shares in the last quarter. Finally, Signet Financial Management LLC raised its position 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 purchasing an additional 74 shares during the period. 90.76% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EXPE shares. Baird R W raised shares of Expedia Group to a "strong-buy" rating in a research report on Wednesday, November 27th. HSBC raised shares of 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. Oppenheimer dropped their price objective on shares of Expedia Group from $235.00 to $230.00 and set an "outperform" rating on the stock in a research report on Monday. Wedbush reissued a "neutral" rating and issued a $215.00 price objective (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Finally, 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. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock 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 firm'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 value of $1,697,900.00. Following the completion of the transaction, the director now 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the firm'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 completion of the transaction, the insider now owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $4,577,900 in the last quarter. 6.80% of the stock is owned by insiders.

Expedia Group Price Performance

Shares of EXPE traded up $7.32 during mid-day trading on Wednesday, reaching $172.48. The company had a trading volume of 2,219,880 shares, compared to its average volume of 1,890,045. The company's 50 day simple moving average is $184.20 and its 200 day simple moving average is $172.26. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year 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 company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly 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%. Analysts expect 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 will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is 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 17.68%.

Expedia Group 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.