Snowden Capital Advisors LLC Has $1.11 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Snowden Capital Advisors LLC increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,979 shares of the online travel company’s stock after acquiring an additional 227 shares during the period. Snowden Capital Advisors LLC’s holdings in Expedia Group were worth $1,114,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its stake in shares of Expedia Group by 29.5% during the 4th quarter. Park Avenue Securities LLC now owns 3,709 shares of the online travel company’s stock worth $691,000 after buying an additional 845 shares during the last quarter. Avanza Fonder AB bought a new stake in Expedia Group during the fourth quarter worth about $1,745,000. Wealthcare Advisory Partners LLC acquired a new position in Expedia Group during the fourth quarter valued at approximately $207,000. Merit Financial Group LLC bought a new position in Expedia Group in the fourth quarter valued at approximately $484,000. Finally, Kera Capital Partners Inc. acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $266,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ:EXPE opened at $166.66 on Monday. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm’s 50-day simple moving average is $160.47 and its 200 day simple moving average is $176.18. The firm has a market cap of $21.48 billion, a price-to-earnings ratio of 18.42, a P/E/G ratio of 0.92 and a beta of 1.62.

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

Expedia Group Announces Dividend

The business 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 $0.40 dividend. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.96%. Expedia Group’s dividend payout ratio is presently 18.87%.

Insider Activity

In related news, insider Robert J. Dzielak sold 5,000 shares of the business’s 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 completion of the transaction, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. The trade was a 6.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on EXPE shares. BMO Capital Markets upped their price objective on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research note on Monday, February 10th. Bank of America upped their price target on shares of Expedia Group from $205.00 to $211.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. HSBC raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Finally, UBS Group cut their target price on shares of Expedia Group from $194.00 to $170.00 and set a “neutral” rating for the company in a research note on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $186.35.

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.