Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Stephens Inc. AR

Stephens Inc. AR reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,083 shares of the online travel company’s stock after selling 152 shares during the quarter. Stephens Inc. AR’s holdings in Expedia Group were worth $574,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Caprock Group LLC grew its stake in shares of Expedia Group by 33.7% during the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares during the period. Teamwork Financial Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth $1,791,000. Cozad Asset Management Inc. grew its stake in shares of Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in shares of Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the period. Finally, Integrated Investment Consultants LLC acquired a new position in shares of Expedia Group during the 3rd quarter worth $527,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EXPE. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Jefferies Financial Group upped their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Morgan Stanley upped their price target on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Citigroup boosted their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Nineteen research 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’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.64.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on 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 directly owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,951 shares of company stock valued at $3,900,580. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Trading Down 0.4 %

Shares of EXPE stock opened at $202.38 on Friday. The firm has a market cap of $25.98 billion, a P/E ratio of 22.36, a PEG ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The firm’s 50-day simple moving average is $183.58 and its 200-day simple moving average is $162.44.

Expedia Group (NASDAQ:EXPE) last announced 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 55.42% and a net margin of 9.01%. As a group, equities analysts forecast that Expedia Group, Inc. will post 10.75 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34.

About Expedia Group

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.