150 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by SRH Advisors LLC

SRH Advisors LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 150 shares of the online travel company’s stock, valued at approximately $28,000.

A number of other large investors have also recently added to or reduced their stakes in EXPE. Grove Bank & Trust increased 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 buying an additional 142 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth $51,000. Golden State Wealth Management LLC purchased a new stake in shares of Expedia Group during the fourth quarter valued at $72,000. Finally, UMB Bank n.a. lifted its holdings in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after purchasing an additional 63 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 2.9 %

EXPE stock opened at $197.19 on Wednesday. The firm has a market cap of $25.31 billion, a PE ratio of 21.79, a PEG ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a fifty day simple moving average of $182.78 and a 200 day simple moving average of $161.36. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last announced 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 return on equity of 55.42% and a net margin of 9.01%. Sell-side analysts anticipate that Expedia Group, Inc. will post 10.75 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced 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 is a positive change from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.81%. The ex-dividend date is Thursday, March 6th.

Analysts Set New Price Targets

EXPE has been the topic of a number of analyst reports. Robert W. Baird started coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price target on the stock. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. UBS Group lifted their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price on the stock in a research note on Monday, January 6th. Nineteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.64.

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’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 in the company, valued at $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. Insiders sold 28,951 shares of company stock valued at $5,174,510 over the last 90 days. 6.80% of the stock is currently owned by company insiders.

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.