Venturi Wealth Management LLC Has $304,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Venturi Wealth Management LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 391.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,630 shares of the online travel company’s stock after buying an additional 1,298 shares during the quarter. Venturi Wealth Management LLC’s holdings in Expedia Group were worth $304,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of EXPE. Caprock Group LLC lifted its position in Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after acquiring an additional 2,569 shares during the last quarter. Teamwork Financial Advisors LLC bought a new position in shares of Expedia Group during the fourth quarter worth approximately $1,791,000. Cozad Asset Management Inc. increased its stake in shares of Expedia Group by 16.9% during the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in Expedia Group in the 3rd quarter valued at $527,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and raised their price target for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

Expedia Group Stock Down 0.7 %

Shares of EXPE opened at $205.14 on Friday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The stock has a market capitalization of $26.43 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 0.91 and a beta of 1.82. The stock has a fifty day moving average of $184.71 and a 200-day moving average of $164.93.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) 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 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.78%.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction 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 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 value of $1,028,500.00. Following the transaction, the insider now directly 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 disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,577,900 in the last ninety days. 6.80% of the stock is currently owned by insiders.

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.