Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,231 shares of the online travel company’s stock after purchasing an additional 535 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Expedia Group were worth $9,732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. SRH Advisors LLC bought a new stake in Expedia Group in the fourth quarter valued at about $28,000. Grove Bank & Trust boosted its position in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after buying an additional 142 shares during the period. Brooklyn Investment Group acquired a new position in shares of Expedia Group during the third quarter worth approximately $51,000. EverSource Wealth Advisors LLC boosted its position 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 worth $51,000 after buying an additional 117 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of Expedia Group during the fourth quarter worth approximately $72,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $173.81 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. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The business has a fifty day simple moving average of $183.68 and a 200 day simple moving average of $172.76. The firm has a market cap of $22.40 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.92 and a beta of 1.83.

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

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.92%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is currently 17.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EXPE shares. Wedbush restated a “neutral” rating and issued a $215.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Robert W. Baird started coverage on Expedia Group in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. UBS Group restated a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. Finally, BMO Capital Markets upped their target price on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research report on Monday, February 10th. Nineteen investment 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.43.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the 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 transaction, the director now directly 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction on 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 transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,000 shares of company stock worth $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Expedia Group 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.