Natixis Advisors LLC Sells 6,847 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Natixis Advisors LLC lowered its position in Expedia Group, Inc. (NASDAQ:EXPE) by 8.5% during the 4th quarter, Holdings Channel reports. The fund owned 74,022 shares of the online travel company’s stock after selling 6,847 shares during the period. Natixis Advisors LLC’s holdings in Expedia Group were worth $13,792,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC increased its position in shares of Expedia Group by 16.7% during the third quarter. OneDigital Investment Advisors LLC now owns 2,485 shares of the online travel company’s stock worth $368,000 after acquiring an additional 356 shares in the last quarter. CIBC Asset Management Inc boosted its stake in Expedia Group by 6.8% during the 3rd quarter. CIBC Asset Management Inc now owns 18,355 shares of the online travel company’s stock valued at $2,717,000 after purchasing an additional 1,163 shares during the last quarter. Quest Partners LLC bought a new stake in Expedia Group during the 3rd quarter worth approximately $245,000. LMR Partners LLP raised its stake in shares of Expedia Group by 26.2% in the third quarter. LMR Partners LLP now owns 2,270 shares of the online travel company’s stock worth $336,000 after purchasing an additional 471 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its holdings in shares of Expedia Group by 2.0% in the third quarter. Pathstone Holdings LLC now owns 9,802 shares of the online travel company’s stock valued at $1,451,000 after purchasing an additional 195 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on EXPE shares. Benchmark reiterated a “buy” rating and set a $200.00 price target on shares of Expedia Group in a report on Tuesday, February 4th. UBS Group reiterated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Truist Financial increased their price objective on shares of Expedia Group from $163.00 to $175.00 and gave the company a “hold” rating in a research note on Wednesday, March 12th. Finally, The Goldman Sachs Group boosted their target price on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the sale, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,000 shares of company stock worth $4,577,900. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

NASDAQ EXPE opened at $172.48 on Thursday. The company has a 50-day simple moving average of $184.00 and a two-hundred day simple moving average of $172.26. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The firm has a market cap of $22.23 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 0.92 and a beta of 1.83. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

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

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Thursday, March 6th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio is 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.