FUKOKU MUTUAL LIFE INSURANCE Co Sells 292 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

FUKOKU MUTUAL LIFE INSURANCE Co lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 21.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,098 shares of the online travel company’s stock after selling 292 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Expedia Group were worth $205,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SRH Advisors LLC bought a new stake in Expedia Group during the fourth quarter valued at about $28,000. Grove Bank & Trust lifted its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares during the period. Brooklyn Investment Group purchased a new stake in Expedia Group in the 3rd quarter worth approximately $51,000. Finally, Golden State Wealth Management LLC bought a new stake in Expedia Group during the 4th quarter worth approximately $72,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price target on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 price target (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. UBS Group restated a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research report on Friday, February 7th. Finally, Barclays boosted their price target on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated 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 owns 158,505 shares of the company’s stock, 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 25,000 shares of company stock worth $4,577,900 over the last quarter. Company insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

EXPE stock opened at $193.55 on Friday. The stock has a market cap of $24.94 billion, a PE ratio of 21.39, a P/E/G ratio of 0.92 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. The company has a 50-day moving average price of $186.88 and a 200 day moving average price of $167.98. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last announced its earnings results 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 net margin of 9.01% and a return on equity of 52.41%. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio is 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.