Savant Capital LLC Boosts Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Savant Capital LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 269.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,596 shares of the online travel company’s stock after buying an additional 4,812 shares during the period. Savant Capital LLC’s holdings in Expedia Group were worth $1,229,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Greenleaf Trust grew its holdings in shares of Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after acquiring an additional 61 shares during the period. Hantz Financial Services Inc. boosted its position 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 purchasing an additional 62 shares during the last quarter. Empirical Finance LLC grew its stake 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 purchasing an additional 63 shares during the period. UMB Bank n.a. increased 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 purchasing an additional 63 shares during the last quarter. Finally, Venture Visionary Partners LLC lifted its stake in shares of Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after purchasing an additional 64 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EXPE. BMO Capital Markets upped their target price on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a report on Monday, February 10th. Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. UBS Group raised their price objective on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from 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 other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,951 shares of company stock valued at $3,900,580. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $202.38 on Friday. 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’s fifty day moving average price is $183.58 and its 200-day moving average price is $162.44. The firm has a market cap of $25.98 billion, a P/E ratio of 22.36, a P/E/G ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its earnings results 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%. On average, equities research analysts expect that Expedia Group, Inc. will post 10.75 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34.

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.