Fiera Capital Corp Reduces Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Fiera Capital Corp decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 465,818 shares of the online travel company’s stock after selling 8,935 shares during the quarter. Fiera Capital Corp’s holdings in Expedia Group were worth $86,796,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Caprock Group LLC lifted its holdings in Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $1,791,000. Cozad Asset Management Inc. lifted its position in Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after buying an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after acquiring an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC purchased a new position in shares of Expedia Group during the third quarter worth $527,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The sale 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 stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,951 shares of company stock valued at $3,900,580 in the last 90 days. 6.80% of the stock is currently owned by insiders.

Expedia Group Price Performance

EXPE opened at $202.61 on Thursday. The firm has a market capitalization of $26.00 billion, a P/E ratio of 22.39, a PEG ratio of 0.82 and a beta of 1.82. The stock has a fifty day moving average of $183.05 and a 200-day moving average of $161.87. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73.

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 55.42%. Equities analysts forecast that Expedia Group, Inc. will post 10.75 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.40 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 6th.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. Barclays boosted their price objective on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Citigroup lifted their target price on Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, StockNews.com downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.64.

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.