Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP increased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 34.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,055 shares of the online travel company's stock after buying an additional 3,595 shares during the quarter. Wellington Management Group LLP's holdings in Expedia Group were worth $2,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of EXPE. Greenleaf Trust boosted its stake in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after purchasing an additional 61 shares during the period. UMB Bank n.a. lifted its stake in Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after purchasing an additional 63 shares during the last quarter. Signet Financial Management LLC lifted its stake in 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 worth $4,751,000 after purchasing an additional 74 shares during the last quarter. Metis Global Partners LLC boosted its position in shares of Expedia Group by 1.8% during the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after buying an additional 74 shares during the period. Finally, Fortem Financial Group LLC grew its stake in shares of Expedia Group by 4.3% during the fourth quarter. Fortem Financial Group LLC now owns 2,450 shares of the online travel company's stock valued at $457,000 after buying an additional 100 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on EXPE. Barclays boosted their price objective on Expedia Group from $166.00 to $187.00 and gave the company an "equal weight" rating in a report on Friday, February 7th. JPMorgan Chase & Co. decreased their target price on Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Benchmark reiterated a "buy" rating and set a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. Finally, DA Davidson boosted their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $190.18.

Insider Buying and Selling

In other Expedia Group news, 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 directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred 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 sale, the director now owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company's stock.

Expedia Group Stock Performance

NASDAQ:EXPE traded down $1.42 during trading hours on Friday, hitting $151.15. 2,152,112 shares of the company were exchanged, compared to its average volume of 2,009,348. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The stock has a market capitalization of $19.48 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 0.92 and a beta of 1.65. The company's 50 day moving average price is $174.61 and its 200-day moving average price is $174.91.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data 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, research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a $0.40 dividend. The ex-dividend date was Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.06%. Expedia Group's dividend payout ratio is currently 17.68%.

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.