2,891 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by CFC Planning Co LLC

CFC Planning Co LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,891 shares of the online travel company’s stock, valued at approximately $539,000.

Other hedge funds also recently modified their holdings of the company. SRH Advisors LLC acquired a new stake in Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust raised its holdings in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth $51,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth $72,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on EXPE. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. Argus lifted their target price on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Oppenheimer lifted their price objective on shares of Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Finally, StockNews.com downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.64.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,951 shares of company stock valued at $3,900,580 in the last ninety days. 6.80% of the stock is currently owned by company insiders.

Expedia Group Trading Up 0.3 %

Shares of EXPE stock opened at $203.20 on Friday. The stock has a market cap of $26.08 billion, a P/E ratio of 22.45, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a 50 day simple moving average of $183.34 and a 200 day simple moving average of $162.15.

Expedia Group (NASDAQ:EXPE) last released its 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 net margin of 9.01% and a return on equity of 55.42%. On average, research analysts predict that Expedia Group, Inc. will post 10.75 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. 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 is presently 17.68%.

Expedia Group Company 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.