4,238 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Inceptionr LLC

Inceptionr LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,238 shares of the online travel company’s stock, valued at approximately $790,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Business Financial Services Inc. increased its stake in Expedia Group by 4.2% during the 4th quarter. First Business Financial Services Inc. now owns 10,355 shares of the online travel company’s stock worth $1,929,000 after buying an additional 415 shares during the period. Verdence Capital Advisors LLC increased its stake in Expedia Group by 40.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 6,368 shares of the online travel company’s stock worth $1,187,000 after buying an additional 1,818 shares during the period. Proficio Capital Partners LLC purchased a new stake in Expedia Group during the 4th quarter worth $17,602,000. Assetmark Inc. increased its stake in Expedia Group by 35.4% during the 4th quarter. Assetmark Inc. now owns 25,196 shares of the online travel company’s stock worth $4,695,000 after buying an additional 6,588 shares during the period. Finally, Smithfield Trust Co increased its stake in Expedia Group by 12.0% during the 4th quarter. Smithfield Trust Co now owns 3,172 shares of the online travel company’s stock worth $592,000 after buying an additional 341 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 0.1 %

Expedia Group stock opened at $184.33 on Friday. 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 firm has a 50-day moving average price of $187.09 and a two-hundred day moving average price of $170.44. The firm has a market capitalization of $23.75 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) 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%. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is 17.68%.

Insiders Place Their Bets

In other Expedia Group news, 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 sale, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following 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 disclosure for this sale can be found here. In the last three months, insiders have sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EXPE has been the subject of several research analyst reports. Morgan Stanley boosted their target price on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a research report on Monday, January 6th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 15th. Benchmark reissued a “buy” rating and issued a $200.00 target price on shares of Expedia Group in a research report on Tuesday, February 4th. Finally, BTIG Research boosted their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Nineteen 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

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.