Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by X Square Capital LLC

X Square Capital LLC raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,659 shares of the online travel company’s stock after buying an additional 153 shares during the quarter. X Square Capital LLC’s holdings in Expedia Group were worth $1,986,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. SRH Advisors LLC purchased a new position in Expedia Group in the fourth quarter valued at approximately $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group during the 4th quarter valued at approximately $28,000. Grove Bank & Trust increased its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after buying an additional 142 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the 3rd quarter valued at about $51,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. 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 5,000 shares of Expedia Group stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,000 shares of company stock valued at $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Oppenheimer reduced their price target on shares of Expedia Group from $235.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, March 17th. Susquehanna raised their price target on Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Monday, February 10th. Citigroup boosted their target price on Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. DA Davidson raised their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Finally, Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. 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 company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $169.07 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $21.79 billion, a PE ratio of 18.68, a PEG ratio of 0.92 and a beta of 1.83. The stock’s 50 day moving average price is $182.84 and its 200-day moving average price is $173.61. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

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

Expedia Group Increases Dividend

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

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.