Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 62,258 shares of the online travel company’s stock after buying an additional 4,793 shares during the period. National Bank of Canada FI’s holdings in Expedia Group were worth $11,601,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EXPE. Cannell & Spears LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at approximately $6,496,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group in the 4th quarter worth $34,000. Edmond DE Rothschild Holding S.A. increased its stake in shares of Expedia Group by 3,462.5% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 1,425 shares of the online travel company’s stock worth $266,000 after acquiring an additional 1,385 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Expedia Group by 34.4% during the 4th quarter. Wellington Management Group LLP now owns 14,055 shares of the online travel company’s stock valued at $2,619,000 after acquiring an additional 3,595 shares during the last quarter. Finally, Brandywine Global Investment Management LLC grew its holdings in shares of Expedia Group by 5.4% in the fourth quarter. Brandywine Global Investment Management LLC now owns 176,023 shares of the online travel company’s stock valued at $32,798,000 after purchasing an additional 9,052 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

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 company has a fifty day simple moving average of $180.61 and a 200-day simple moving average of $174.78. The stock has a market cap of $18.28 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73.

Expedia Group (NASDAQ:EXPE) last released 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%. Equities analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid 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 1.13%. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group’s dividend payout ratio is currently 17.68%.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated 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 sale, the director now owns 158,505 shares in the company, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several recent analyst reports. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a report on Friday, February 7th. Argus increased their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a research note on Monday, January 6th. Morgan Stanley upped their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $210.00 price objective (up from $180.00) on shares of Expedia Group 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $193.43.

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.