Sava Infond d.o.o. Makes New $28,000 Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Sava Infond d.o.o. acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 150 shares of the online travel company’s stock, valued at approximately $28,000.

Several other institutional investors and hedge funds have also recently modified their holdings of EXPE. Handelsbanken Fonder AB boosted its stake in Expedia Group by 17.8% during the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock valued at $5,729,000 after buying an additional 4,656 shares during the last quarter. Teamwork Financial Advisors LLC bought a new stake in Expedia Group in the 4th quarter worth approximately $1,791,000. Clare Market Investments LLC bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $319,000. Nisa Investment Advisors LLC grew its holdings in shares of Expedia Group by 17.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company’s stock valued at $11,180,000 after purchasing an additional 9,086 shares in the last quarter. Finally, Cigna Investments Inc. New purchased a new stake in Expedia Group during the fourth quarter valued at $238,000. Institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EXPE shares. Oppenheimer reduced their target price on shares of Expedia Group from $235.00 to $230.00 and set an “outperform” rating on the stock in a report on Monday, March 17th. Argus lifted their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a research report on Monday, January 6th. BMO Capital Markets boosted their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday, February 10th. Finally, Barclays raised their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a 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 stock. According to MarketBeat, Expedia Group currently has a consensus rating of “Moderate Buy” and an average price target of $193.43.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction on 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 sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction 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 transaction, 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 90 days, insiders have sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by insiders.

Expedia Group Stock Down 0.6 %

Shares of EXPE stock opened at $168.10 on Friday. The stock’s fifty day moving average price is $182.46 and its 200 day moving average price is $173.86. 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, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company has a market cap of $21.66 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 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%. On average, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. 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. Expedia Group’s payout ratio is currently 17.68%.

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.