Millington Financial Advisors LLC Sells 92 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Millington Financial Advisors LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,081 shares of the online travel company’s stock after selling 92 shares during the period. Expedia Group accounts for 1.3% of Millington Financial Advisors LLC’s portfolio, making the stock its 23rd largest position. Millington Financial Advisors LLC’s holdings in Expedia Group were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in shares of Expedia Group by 296.3% during the third quarter. Blue Trust Inc. now owns 860 shares of the online travel company’s stock valued at $127,000 after buying an additional 643 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Expedia Group by 23.9% during the third quarter. Sequoia Financial Advisors LLC now owns 2,403 shares of the online travel company’s stock worth $356,000 after buying an additional 463 shares in the last quarter. International Assets Investment Management LLC bought a new position in Expedia Group during the third quarter valued at about $9,181,000. Ballentine Partners LLC raised its holdings in Expedia Group by 14.7% in the 3rd quarter. Ballentine Partners LLC now owns 1,860 shares of the online travel company’s stock valued at $275,000 after acquiring an additional 239 shares in the last quarter. Finally, Forsta AP Fonden grew its holdings in shares of Expedia Group by 26.6% during the 3rd quarter. Forsta AP Fonden now owns 42,300 shares of the online travel company’s stock worth $6,261,000 after purchasing an additional 8,900 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’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 transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

EXPE has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Friday, February 7th. BMO Capital Markets lifted their target price 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. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

Expedia Group Stock Performance

EXPE stock opened at $199.97 on Tuesday. The company has a 50 day moving average price of $185.75 and a 200 day moving average price of $167.08. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $25.77 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82.

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 return on equity of 52.41% and a net margin of 9.01%. Analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 0.80%. Expedia Group’s dividend payout ratio is presently 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.