Compagnie Lombard Odier SCmA Boosts Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Compagnie Lombard Odier SCmA raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 581.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,090 shares of the online travel company’s stock after buying an additional 930 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Expedia Group were worth $203,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SRH Advisors LLC purchased a new position in Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust lifted its position 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 purchasing an additional 142 shares during the last quarter. Venturi Wealth Management LLC lifted its position 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 purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Expedia Group during the third quarter worth about $51,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Expedia Group during the fourth quarter worth about $72,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Susquehanna increased their price target on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. increased their price target on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Oppenheimer increased their price target on shares of Expedia Group from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Robert W. Baird started coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price target on the stock. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Price Performance

NASDAQ EXPE opened at $202.38 on Friday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market capitalization of $25.98 billion, a PE ratio of 22.36, a P/E/G ratio of 0.82 and a beta of 1.82. The company’s 50 day simple moving average is $183.58 and its 200 day simple moving average is $162.44.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 EPS 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%. As a group, equities research analysts forecast that Expedia Group, Inc. will post 10.75 EPS 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 issued 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 a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,951 shares of company stock worth $3,900,580. Corporate insiders own 6.80% of the company’s stock.

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.