Boyd Watterson Asset Management LLC OH Acquires 1,839 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Boyd Watterson Asset Management LLC OH grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 20.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,022 shares of the online travel company’s stock after purchasing an additional 1,839 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Expedia Group were worth $2,054,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of EXPE. SRH Advisors LLC acquired a new position in Expedia Group during the fourth quarter worth $28,000. Grove Bank & Trust boosted its stake in shares of 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 acquiring an additional 142 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Expedia Group during the 3rd quarter valued at about $51,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Expedia Group in the 4th quarter valued at approximately $72,000. Institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a report on Friday, February 7th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Wedbush reiterated a “neutral” rating and issued a $215.00 target price (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Oppenheimer upped their price target on shares of Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Finally, Bank of America upgraded Expedia Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. 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. According to MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and an average target price of $192.64.

Expedia Group Stock Performance

Expedia Group stock opened at $196.91 on Friday. The firm has a market capitalization of $25.37 billion, a P/E ratio of 21.76, a P/E/G ratio of 0.92 and a beta of 1.82. The stock has a fifty day moving average price of $185.12 and a two-hundred day moving average price of $165.21. 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 current ratio of 0.72 and a quick ratio of 0.72.

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 analysts’ consensus estimates 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, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.81%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the business’s 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 completion of the transaction, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were 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 in the company, valued at $26,912,563.95. This trade represents a 5.93 % 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 valued at $4,577,900 in the last three months. 6.80% of the stock is owned by corporate insiders.

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.