Ossiam Decreases Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Ossiam lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,037 shares of the online travel company’s stock after selling 1,020 shares during the quarter. Ossiam’s holdings in Expedia Group were worth $21,808,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Expedia Group by 704.9% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 75,241 shares of the online travel company’s stock valued at $14,020,000 after buying an additional 65,893 shares during the period. Dimensional Fund Advisors LP boosted its position in Expedia Group by 6.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,176,669 shares of the online travel company’s stock worth $219,255,000 after purchasing an additional 71,795 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Expedia Group by 245.0% during the 4th quarter. First Trust Advisors LP now owns 366,414 shares of the online travel company’s stock valued at $68,274,000 after purchasing an additional 260,197 shares during the period. GeoWealth Management LLC lifted its stake in shares of Expedia Group by 455.7% in the 4th quarter. GeoWealth Management LLC now owns 1,606 shares of the online travel company’s stock worth $299,000 after purchasing an additional 1,317 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Expedia Group in the fourth quarter worth approximately $1,621,000. Institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the 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 sale, the insider now directly owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following 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 position. The disclosure for this sale can be found here. Company insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

Expedia Group stock opened at $151.15 on Friday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm’s fifty day moving average is $173.69 and its 200 day moving average is $174.94. The company has a market cap of $19.48 billion, a price-to-earnings ratio of 16.70, a PEG 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 earnings per share (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%. Sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.06%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is presently 17.68%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EXPE shares. Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target on the stock in a research report on Monday, January 6th. Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. Argus boosted their price target on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a report on Friday, January 10th. Morgan Stanley decreased their price objective on Expedia Group from $190.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $190.18.

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.