58,770 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 58,770 shares of the online travel company’s stock, valued at approximately $10,948,000.

A number of other hedge funds have also recently bought and sold shares of the company. SRH Advisors LLC acquired a new position in shares of Expedia Group during the fourth quarter valued at $28,000. Sava Infond d.o.o. acquired a new position in Expedia Group during the 4th quarter valued at about $28,000. Grove Bank & Trust boosted its stake in shares of Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $34,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of 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 last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

NASDAQ EXPE opened at $151.59 on Wednesday. The firm’s 50 day moving average is $176.64 and its 200-day moving average is $175.04. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $19.53 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was 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 presently 17.68%.

Analyst Ratings Changes

A number of equities analysts have issued reports on EXPE shares. Argus raised their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, January 10th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 15th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a report on Monday, January 6th. DA Davidson raised 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. Finally, JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus target price of $191.43.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the 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 completion of the sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 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 own 6.80% of the company’s stock.

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.