Compagnie Lombard Odier SCmA lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 581.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,090 shares of the online travel company’s stock after acquiring an additional 930 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Expedia Group were worth $203,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Ingalls & Snyder LLC boosted its position in Expedia Group by 0.4% during the fourth quarter. Ingalls & Snyder LLC now owns 141,528 shares of the online travel company’s stock valued at $26,371,000 after purchasing an additional 603 shares during the last quarter. Certuity LLC acquired a new stake in Expedia Group during the fourth quarter valued at $342,000. SRH Advisors LLC acquired a new stake in Expedia Group during the fourth quarter valued at $28,000. Cigna Investments Inc. New acquired a new stake in Expedia Group during the fourth quarter valued at $238,000. Finally, Summit Trail Advisors LLC acquired a new stake in Expedia Group during the fourth quarter valued at $688,000. Institutional investors and hedge funds own 90.76% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently issued reports on EXPE shares. Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Cantor Fitzgerald reissued a “neutral” rating and set a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. JPMorgan Chase & Co. raised their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Friday, February 7th. Nineteen equities 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.
Expedia Group Trading Down 0.4 %
Shares of EXPE opened at $202.38 on Friday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $25.98 billion, a price-to-earnings ratio of 22.36, a P/E/G ratio of 0.82 and a beta of 1.82. The stock’s 50-day moving average price is $183.58 and its 200 day moving average price is $162.44.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (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 55.42%. As a group, research analysts predict that Expedia Group, Inc. will post 10.75 earnings per share for the current year.
Expedia Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th.
Insider Buying and Selling at Expedia Group
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now directly owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have 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 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.
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