denkapparat Operations GmbH Purchases New Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

denkapparat Operations GmbH bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,154 shares of the online travel company’s stock, valued at approximately $401,000.

Other large investors have also added to or reduced their stakes in the company. SRH Advisors LLC bought a new stake in shares of Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the 4th quarter worth $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 142 shares during the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group in the third quarter valued at $51,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Expedia Group by 75.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after purchasing an additional 117 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 2.5 %

NASDAQ:EXPE opened at $169.07 on Friday. The stock has a market cap of $21.79 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The stock has a 50-day moving average price of $182.84 and a two-hundred day moving average price of $173.61. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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 net margin of 9.01% and a return on equity of 52.41%. As a group, equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. This is a boost 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%.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $15,325,061.40. This trade 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 firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,000 shares of company stock worth $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of several analyst reports. Susquehanna increased their price objective on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. HSBC raised Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a report on Friday, February 7th. Morgan Stanley raised their price objective on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Barclays boosted their target price on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

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.