Personal CFO Solutions LLC Cuts Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Personal CFO Solutions LLC lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,437 shares of the online travel company’s stock after selling 504 shares during the quarter. Personal CFO Solutions LLC’s holdings in Expedia Group were worth $640,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EXPE. Greenleaf Trust raised its holdings in Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after buying an additional 62 shares in the last quarter. Empirical Finance LLC lifted its holdings in Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after buying an additional 63 shares during the period. UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after acquiring an additional 63 shares during the period. Finally, GHE LLC raised its position in shares of Expedia Group by 1.0% in the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after acquiring an additional 69 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s 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 transaction, the director now directly owns 158,505 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider now directly 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 worth $4,577,900 in the last quarter. Company insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EXPE shares. B. Riley reiterated a “buy” rating and issued a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. DA Davidson boosted their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, 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. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Stock Up 0.1 %

EXPE opened at $184.33 on Monday. The business has a 50 day simple moving average of $187.09 and a 200-day simple moving average of $170.96. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a market capitalization of $23.75 billion, a P/E ratio of 20.37, a P/E/G ratio of 0.92 and a beta of 1.83. 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 (NASDAQ:EXPE) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 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 analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is presently 17.68%.

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.