Expedia Group, Inc. (NASDAQ:EXPE) is Delphi Management Inc. MA’s 3rd Largest Position

Delphi Management Inc. MA cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 13.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,423 shares of the online travel company’s stock after selling 1,450 shares during the quarter. Expedia Group comprises about 1.7% of Delphi Management Inc. MA’s portfolio, making the stock its 3rd largest holding. Delphi Management Inc. MA’s holdings in Expedia Group were worth $1,756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EXPE. Handelsbanken Fonder AB increased its stake in Expedia Group by 17.8% in the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock valued at $5,729,000 after purchasing an additional 4,656 shares during the period. Caprock Group LLC increased its stake in Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after purchasing an additional 2,569 shares during the period. Teamwork Financial Advisors LLC acquired a new position in Expedia Group in the fourth quarter valued at $1,791,000. Integrated Investment Consultants LLC acquired a new position in Expedia Group in the third quarter valued at $527,000. Finally, Clare Market Investments LLC acquired a new position in Expedia Group in the fourth quarter valued at $319,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now directly 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,000 shares of company stock valued at $4,577,900. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE opened at $166.36 on Tuesday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $21.44 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 0.92 and a beta of 1.83. The company’s 50 day simple moving average is $184.55 and its 200 day simple moving average is $172.08. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data 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%. On average, sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. Expedia Group’s dividend payout ratio is presently 17.68%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Wells Fargo & Company boosted their price target on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Oppenheimer dropped their price target on shares of Expedia Group from $235.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Nineteen 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $193.43.

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.