Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,466 shares of the online travel company’s stock after purchasing an additional 639 shares during the period. Orion Portfolio Solutions LLC’s holdings in Expedia Group were worth $2,323,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in EXPE. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter worth approximately $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group during the 4th quarter worth $28,000. Grove Bank & Trust boosted its position 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 valued at $30,000 after acquiring an additional 142 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Expedia Group by 75.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after purchasing an additional 117 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in Expedia Group during the fourth quarter worth about $72,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly 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 disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $4,577,900 over the last 90 days. Corporate insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. B. Riley reiterated a “buy” rating and issued a $235.00 target price (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a research report on Monday, January 6th. Wells Fargo & Company lifted their target price on Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Finally, Citigroup boosted their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $193.43.

Expedia Group Trading Down 0.2 %

NASDAQ:EXPE opened at $167.70 on Wednesday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The stock has a market cap of $21.61 billion, a P/E ratio of 18.53, a P/E/G ratio of 0.92 and a beta of 1.83. The stock has a 50-day simple moving average of $181.80 and a 200-day simple moving average of $174.94.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate 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, analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. Expedia Group’s payout ratio is 17.68%.

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.