7,007 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Nemes Rush Group LLC

Nemes Rush Group LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,007 shares of the online travel company’s stock, valued at approximately $1,306,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. National Bank of Canada FI grew its holdings in Expedia Group by 8.3% in the 4th quarter. National Bank of Canada FI now owns 62,258 shares of the online travel company’s stock worth $11,601,000 after buying an additional 4,793 shares in the last quarter. Cannell & Spears LLC bought a new position in shares of Expedia Group in the fourth quarter worth $6,496,000. Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group during the fourth quarter valued at $34,000. Edmond DE Rothschild Holding S.A. raised its stake in shares of Expedia Group by 3,462.5% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,425 shares of the online travel company’s stock valued at $266,000 after purchasing an additional 1,385 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Expedia Group by 34.4% in the fourth quarter. Wellington Management Group LLP now owns 14,055 shares of the online travel company’s stock worth $2,619,000 after purchasing an additional 3,595 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

NASDAQ EXPE opened at $168.10 on Tuesday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a market cap of $21.66 billion, a P/E ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. The stock’s 50-day moving average is $182.07 and its 200-day moving average is $174.72.

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

Expedia Group Increases Dividend

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

Insider Buying and Selling 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 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 represents a 5.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction 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 directly owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This 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 have sold 25,000 shares of company stock worth $4,577,900. Insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on EXPE shares. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a research note on Friday, February 7th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. B. Riley reaffirmed a “buy” rating and set a $235.00 target price (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a report on Monday, January 6th. Finally, Oppenheimer lowered their price objective 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, March 17th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, Expedia Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.43.

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.