Venturi Wealth Management LLC Boosts Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Venturi Wealth Management LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 391.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,630 shares of the online travel company's stock after purchasing an additional 1,298 shares during the quarter. Venturi Wealth Management LLC's holdings in Expedia Group were worth $304,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Caprock Group LLC grew its stake in shares of Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company's stock worth $1,508,000 after acquiring an additional 2,569 shares during the last quarter. Teamwork Financial Advisors LLC purchased a new stake in shares of Expedia Group during the fourth quarter valued at $1,791,000. Cozad Asset Management Inc. boosted its position in shares of Expedia Group by 16.9% during the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company's stock valued at $4,562,000 after buying an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Expedia Group by 13.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company's stock valued at $96,171,000 after buying an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC purchased a new stake in shares of Expedia Group during the third quarter valued at $527,000. Institutional investors own 90.76% of the company's stock.

Analysts Set New Price Targets

EXPE has been the topic of several research reports. Robert W. Baird initiated coverage on Expedia Group in a research report on Wednesday, November 27th. They issued an "outperform" rating and a $225.00 target price on the stock. Melius Research raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Cantor Fitzgerald reaffirmed 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. Morgan Stanley raised their price objective on Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a research note on Monday, January 13th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Expedia Group in a research note 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Expedia Group currently has an average rating of "Moderate Buy" and a consensus price target of $192.64.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm's 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 completion of the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is currently owned by insiders.

Expedia Group Stock Down 4.0 %

NASDAQ:EXPE traded down $8.23 during mid-day trading on Friday, hitting $196.91. 2,559,504 shares of the company's stock traded hands, compared to its average volume of 2,062,272. 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 fifty day moving average of $185.12 and a 200 day moving average of $165.21. The company has a market capitalization of $25.37 billion, a P/E ratio of 21.76, a P/E/G ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

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

Expedia Group Increases Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34.

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.