10,755 Shares in Expedia Group, Inc. $EXPE Acquired by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 10,755 shares of the online travel company’s stock, valued at approximately $3,047,000.

Other hedge funds also recently added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC raised its holdings in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $29,000. Grey Fox Wealth Advisors LLC purchased a new position in Expedia Group in the 3rd quarter worth approximately $30,000. Finally, Rossby Financial LCC raised its holdings in Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after acquiring an additional 82 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Trading Up 1.2%

NASDAQ:EXPE opened at $217.59 on Thursday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market capitalization of $26.66 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 0.67 and a beta of 1.30. Expedia Group, Inc. has a one year low of $156.05 and a one year high of $303.80. The business has a fifty day moving average price of $236.91 and a 200-day moving average price of $249.45.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.Expedia Group’s revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS. Sell-side analysts forecast that Expedia Group, Inc. will post 16.64 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio is 16.90%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EXPE. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a research note on Monday. Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a research note on Tuesday, February 17th. Sanford C. Bernstein decreased their target price on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a research note on Wednesday, March 11th. Barclays boosted their target price on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Finally, The Goldman Sachs Group boosted their target price on shares of Expedia Group from $325.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $284.42.

View Our Latest Research Report on EXPE

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares in the company, valued at $22,629,633.60. This represents a 7.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 5.20% of the stock is owned by company insiders.

Key Expedia Group News

Here are the key news stories impacting Expedia Group this week:

Expedia Group Profile

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

See Also

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPEFree Report).

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.