Oarsman Capital Inc. Sells 115 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Oarsman Capital Inc. decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.8% in the fourth quarter, Holdings Channel reports. The fund owned 1,351 shares of the online travel company’s stock after selling 115 shares during the quarter. Oarsman Capital Inc.’s holdings in Expedia Group were worth $252,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EXPE. SRH Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $28,000. Sava Infond d.o.o. purchased a new stake in Expedia Group during the 4th quarter valued at $28,000. Grove Bank & Trust raised its holdings in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares during the period. Prudent Man Investment Management Inc. bought a new stake in Expedia Group in the fourth quarter worth $34,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after buying an additional 117 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In related 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 value of $1,028,500.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group 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 sale, the director now directly owns 158,505 shares of the company’s stock, 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. 6.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EXPE shares. The Goldman Sachs Group raised their target price on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, January 10th. HSBC raised 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. UBS Group reiterated a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. Wedbush restated a “neutral” rating and set a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Finally, Morgan Stanley increased their target price on Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. 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 stock. Based on data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and an average target price of $193.43.

Expedia Group Price Performance

EXPE opened at $141.86 on Friday. The firm has a market capitalization of $18.28 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. 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 business’s 50-day moving average is $180.61 and its two-hundred day moving average is $175.03. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data 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%. Research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a $0.40 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. Expedia Group’s dividend payout ratio (DPR) is presently 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.