GHP Investment Advisors Inc. Purchases 2,082 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

GHP Investment Advisors Inc. grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 13.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,517 shares of the online travel company’s stock after purchasing an additional 2,082 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Expedia Group were worth $3,264,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in Expedia Group by 21.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,608 shares of the online travel company’s stock worth $2,347,000 after buying an additional 2,252 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of Expedia Group in the 4th quarter valued at $205,000. One Wealth Advisors LLC grew its holdings in shares of Expedia Group by 9.8% during the 4th quarter. One Wealth Advisors LLC now owns 3,212 shares of the online travel company’s stock valued at $598,000 after purchasing an additional 286 shares during the last quarter. Greenleaf Trust grew its holdings in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after purchasing an additional 61 shares during the last quarter. Finally, Chicago Partners Investment Group LLC purchased a new position in Expedia Group in the 4th quarter worth $204,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the director now owns 158,505 shares in the company, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock worth $5,174,510 in the last quarter. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $172.57 on Friday. The company has a 50 day simple moving average of $182.31 and a two-hundred day simple moving average of $159.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a market capitalization of $22.15 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 0.77 and a beta of 1.82. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data 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 7.97% and a return on equity of 49.25%. Analysts expect that Expedia Group, Inc. will post 8.76 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.93%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34.

Analyst Ratings Changes

Several research firms have issued reports on EXPE. Wells Fargo & Company cut their price target on shares of Expedia Group from $172.00 to $168.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Susquehanna raised their price target on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Benchmark reaffirmed a “buy” rating and issued a $200.00 price target on shares of Expedia Group in a research note on Tuesday. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, DA Davidson lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Twenty research analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $177.75.

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.