Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,119 shares of the online travel company’s stock after selling 109 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Expedia Group were worth $2,071,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EXPE. Windacre Partnership LLC increased its stake in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after acquiring an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. increased its position in Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after purchasing an additional 596,510 shares in the last quarter. Alkeon Capital Management LLC increased its position in Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after purchasing an additional 498,934 shares in the last quarter. KBC Group NV increased its position in Expedia Group by 326.9% during the 4th quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after purchasing an additional 224,732 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in Expedia Group by 9.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after purchasing an additional 144,579 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were 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 of the company’s stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $4,577,900 over the last 90 days. 6.80% of the stock is owned by company insiders.

Analyst Ratings Changes

EXPE has been the subject of a number of research analyst reports. Oppenheimer increased their target price on shares of Expedia Group from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Wedbush reissued a “neutral” rating and set a $215.00 target price (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Argus increased their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, BMO Capital Markets increased their target price on shares of Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research report on Monday, February 10th. 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.64.

Expedia Group Stock Performance

Expedia Group stock opened at $197.96 on Friday. The company has a market cap of $25.51 billion, a PE ratio of 21.87, a P/E/G ratio of 0.92 and a beta of 1.82. The company has a fifty day moving average price of $187.15 and a two-hundred day moving average price of $168.47. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. 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 EPS 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%. Research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm 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 $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.81%. 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. Expedia Group’s payout ratio is currently 17.68%.

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.