UniSuper Management Pty Ltd Sells 7,030 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

UniSuper Management Pty Ltd lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 33.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,752 shares of the online travel company’s stock after selling 7,030 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Expedia Group were worth $2,562,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at about $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% during the fourth 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 in the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group during the third quarter valued at approximately $51,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on EXPE shares. Oppenheimer decreased their price target on Expedia Group from $235.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, March 17th. Citigroup upped their target price on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Bank of America upgraded shares of Expedia Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Finally, Susquehanna raised their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. Nineteen analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.43.

Expedia Group Stock Down 0.6 %

Expedia Group stock opened at $168.10 on Friday. The firm has a market capitalization of $21.66 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 0.92 and a beta of 1.83. The company’s 50 day simple moving average is $182.46 and its 200 day simple moving average is $174.15. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results 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 return on equity of 52.41% and a net margin of 9.01%. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

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

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director now 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock valued at $4,577,900 over the last 90 days. 6.80% of the stock is owned by company insiders.

About Expedia Group

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.