Fjarde AP Fonden Fourth Swedish National Pension Fund Reduces Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 12.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,754 shares of the online travel company’s stock after selling 2,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Expedia Group were worth $3,681,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. SRH Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter worth about $28,000. Grove Bank & Trust increased its holdings 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 purchasing an additional 142 shares during the last quarter. Venturi Wealth Management LLC raised its position 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 valued at $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of Expedia Group during the 3rd quarter valued at approximately $51,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth approximately $72,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s 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 completion of the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale 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 Expedia Group stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $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. Insiders have sold 25,000 shares of company stock worth $4,577,900 over the last quarter. 6.80% of the stock is currently owned by company insiders.

Expedia Group Stock Down 0.1 %

Shares of Expedia Group stock opened at $199.76 on Wednesday. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company has a market capitalization of $25.74 billion, a P/E ratio of 22.07, a PEG ratio of 0.92 and a beta of 1.82. The business’s fifty day moving average price is $186.13 and its two-hundred day moving average price is $167.58. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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, research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. The ex-dividend date is Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.80%. Expedia Group’s dividend payout ratio (DPR) is 17.68%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EXPE shares. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a research note on Monday, January 6th. Bank of America upgraded Expedia Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Finally, Oppenheimer lifted their target price on Expedia Group from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

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.