Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Private Trust Co. NA

Private Trust Co. NA increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 27.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,402 shares of the online travel company’s stock after acquiring an additional 304 shares during the period. Private Trust Co. NA’s holdings in Expedia Group were worth $261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Greenleaf Trust raised its holdings in shares of Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares in the last quarter. Hantz Financial Services Inc. grew its position in Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after buying an additional 62 shares during the last quarter. Empirical Finance LLC increased its holdings in shares of Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after buying an additional 63 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after acquiring an additional 63 shares during the last quarter. Finally, GHE LLC boosted its stake in shares of Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after acquiring an additional 69 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EXPE has been the topic of a number of recent analyst reports. BTIG Research boosted their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. UBS Group restated a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a report on Monday, January 6th. Cantor Fitzgerald restated a “neutral” rating and set a $210.00 price target (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $215.00 price objective (up previously from $180.00) on shares of Expedia Group 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 assigned a strong buy rating to the company. According to data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and an average price target of $192.64.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was 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 directly owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now directly owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $4,577,900 over the last ninety days. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 2.3 %

Shares of EXPE stock opened at $193.50 on Tuesday. The stock’s 50 day simple moving average is $187.24 and its 200 day simple moving average is $169.45. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $24.93 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 0.92 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results 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 net margin of 9.01% and a return on equity of 52.41%. As a group, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company 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. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.83%. Expedia Group’s payout ratio is currently 17.68%.

Expedia Group 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.