Quantinno Capital Management LP Has $13.25 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Quantinno Capital Management LP grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 120.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,129 shares of the online travel company’s stock after acquiring an additional 38,919 shares during the quarter. Quantinno Capital Management LP owned 0.06% of Expedia Group worth $13,253,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of EXPE. Czech National Bank raised its stake in Expedia Group by 5.0% during the fourth quarter. Czech National Bank now owns 26,664 shares of the online travel company’s stock worth $4,968,000 after acquiring an additional 1,271 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at approximately $450,000. Miracle Mile Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at approximately $457,000. Pallas Capital Advisors LLC increased its stake in shares of Expedia Group by 5.5% in the fourth quarter. Pallas Capital Advisors LLC now owns 4,134 shares of the online travel company’s stock valued at $770,000 after buying an additional 216 shares during the period. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at approximately $256,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. StockNews.com downgraded Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 5th. Wedbush reaffirmed a “neutral” rating and issued a $165.00 price objective (down previously from $180.00) on shares of Expedia Group in a research note on Friday, May 9th. Bank of America upped their price objective on Expedia Group from $205.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Wells Fargo & Company increased their target price on shares of Expedia Group from $143.00 to $149.00 and gave the company an “equal weight” rating in a research report on Friday, May 9th. Finally, Oppenheimer lowered their price target on shares of Expedia Group from $230.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $187.88.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $169.22 on Thursday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 18.70, a P/E/G ratio of 0.92 and a beta of 1.62. The firm’s fifty day moving average price is $160.62 and its two-hundred day moving average price is $175.82. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Expedia Group’s revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. As a group, analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, May 29th. Expedia Group’s dividend payout ratio is 18.87%.

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.