Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 199,327 shares of the online travel company’s stock after buying an additional 19,825 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of Expedia Group worth $37,093,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SRH Advisors LLC acquired a new position in Expedia Group in the 4th quarter worth $28,000. Grove Bank & Trust increased its position in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Expedia Group by 75.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after acquiring an additional 117 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group during the 3rd quarter valued at approximately $51,000. Finally, Golden State Wealth Management LLC acquired a new stake in Expedia Group during the 4th quarter valued at approximately $72,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other Expedia Group news, 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 value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders 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 NASDAQ EXPE opened at $168.10 on Friday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a market cap of $21.66 billion, a PE ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. The stock has a 50 day simple moving average of $182.46 and a 200-day simple moving average of $174.15.

Expedia Group (NASDAQ:EXPE) last released 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 return on equity of 52.41% and a net margin of 9.01%. On average, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.95%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group’s payout ratio is 17.68%.

Wall Street Analyst Weigh In

EXPE has been the subject of several research analyst reports. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective on the stock in a research note on Monday, January 6th. Morgan Stanley raised their price objective on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Finally, Oppenheimer decreased their price target on Expedia Group from $235.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, March 17th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, Expedia Group has an average rating of “Moderate Buy” and an average price target of $193.43.

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.