Expedia Group, Inc. (NASDAQ:EXPE) Stock Holdings Increased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 75.5% during the 4th quarter, Holdings Channel reports. The fund owned 272 shares of the online travel company’s stock after purchasing an additional 117 shares during the period. EverSource Wealth Advisors LLC’s holdings in Expedia Group were worth $51,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. Windacre Partnership LLC increased its position 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 purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. increased its position in shares of 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 valued at $481,170,000 after purchasing an additional 596,510 shares during the period. Geode Capital Management LLC increased its position in shares of Expedia Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after purchasing an additional 20,005 shares during the period. Fisher Asset Management LLC increased its position in shares of 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 valued at $250,078,000 after purchasing an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC increased its position in shares of 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 valued at $233,349,000 after purchasing an additional 498,934 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction 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 owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on 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 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 disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,577,900 in the last three months. 6.80% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $172.48 on Thursday. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The stock has a market capitalization of $22.23 billion, a P/E ratio of 19.06, a P/E/G ratio of 0.92 and a beta of 1.83. The business has a 50-day moving average of $184.00 and a two-hundred day moving average of $172.26. 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 (NASDAQ:EXPE) last announced its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued 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 0.93%. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is presently 17.68%.

Wall Street Analyst Weigh In

EXPE has been the topic of several research analyst reports. BMO Capital Markets lifted their price target on Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday, February 10th. DA Davidson lifted their target price on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. UBS Group restated a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price on the stock in a report on Monday, January 6th. Finally, Wells Fargo & Company lifted their target price on Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.43.

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.