Ashburton Jersey Ltd Has $1.50 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Ashburton Jersey Ltd lowered its position in Expedia Group, Inc. (NASDAQ:EXPE) by 6.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,028 shares of the online travel company’s stock after selling 552 shares during the quarter. Ashburton Jersey Ltd’s holdings in Expedia Group were worth $1,496,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. SRH Advisors LLC bought a new position in shares of Expedia Group during the fourth quarter valued at $28,000. Sava Infond d.o.o. bought a new stake in shares of Expedia Group in the fourth quarter worth $28,000. Grove Bank & Trust increased its holdings in 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 purchasing an additional 142 shares during the period. Prudent Man Investment Management Inc. bought a new position in Expedia Group during the 4th quarter worth $34,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after buying an additional 117 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 6.9 %

Shares of Expedia Group stock opened at $141.86 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock has a fifty day simple moving average of $180.61 and a 200 day simple moving average of $175.03. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a market capitalization of $18.28 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is presently 17.68%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EXPE. Citigroup raised their price objective on Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 11th. Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Bank of America upgraded shares of Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $210.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.43.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated 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 approximately $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the sale, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate 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.