Guyasuta Investment Advisors Inc. lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 1.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 182,153 shares of the online travel company’s stock after selling 2,492 shares during the period. Expedia Group comprises about 2.1% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 17th largest holding. Guyasuta Investment Advisors Inc. owned 0.14% of Expedia Group worth $33,941,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Greenleaf Trust lifted its position in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after acquiring an additional 61 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 62 shares during the last quarter. Empirical Finance LLC lifted its position in shares of Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares during the last quarter. UMB Bank n.a. lifted its position 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 valued at $91,000 after acquiring an additional 63 shares during the last quarter. Finally, Venture Visionary Partners LLC lifted its position in shares of Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after acquiring an additional 64 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on EXPE shares. Citigroup raised their target price on Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research report on Tuesday. Wedbush reissued a “neutral” rating and issued a $215.00 price target (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Robert W. Baird initiated coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective on the stock. Wells Fargo & Company increased their target price on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.64.
Expedia Group Stock Down 0.4 %
NASDAQ EXPE opened at $202.38 on Friday. The firm has a market cap of $25.98 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The stock’s 50 day simple moving average is $183.58 and its 200 day simple moving average is $162.44. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 10.75 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 paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.79%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34.
Insider Activity
In related news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’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 sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % 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 90 days. 6.80% of the stock is owned by company insiders.
About Expedia Group
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.
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