Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,807,664 shares of the online travel company’s stock after selling 328,065 shares during the period. Vanguard Group Inc. owned 11.54% of Expedia Group worth $2,759,112,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SRH Advisors LLC acquired a new position in shares of Expedia Group during the fourth quarter worth approximately $28,000. Grove Bank & Trust boosted its position in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares during the period. Brooklyn Investment Group bought a new position in shares of Expedia Group in the third quarter worth $51,000. EverSource Wealth Advisors LLC increased its holdings in shares of Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after purchasing an additional 117 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in shares of Expedia Group during the fourth quarter valued at about $72,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

EXPE stock opened at $176.86 on Wednesday. The firm has a 50 day simple moving average of $183.50 and a 200 day simple moving average of $173.64. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The stock has a market cap of $22.79 billion, a P/E ratio of 19.54, a P/E/G ratio of 0.92 and a beta of 1.83. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) 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%. Research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given 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 0.90%. The ex-dividend date of this dividend is Thursday, March 6th. Expedia Group’s dividend payout ratio is presently 17.68%.

Wall Street Analysts Forecast Growth

Several research firms have commented on EXPE. UBS Group reissued a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. Benchmark reissued a “buy” rating and set a $200.00 target price on shares of Expedia Group in a report on Tuesday, February 4th. Wedbush reaffirmed a “neutral” rating and set a $215.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. Finally, B. Riley reaffirmed a “buy” rating and set a $235.00 target price (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.43.

Insider Activity

In other news, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction 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 transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the sale, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. 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 three months. 6.80% of the stock is owned by insiders.

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.