Lingohr Asset Management GmbH Trims Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Lingohr Asset Management GmbH trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE) by 74.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,389 shares of the online travel company’s stock after selling 3,981 shares during the period. Lingohr Asset Management GmbH’s holdings in Expedia Group were worth $259,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Greenleaf Trust lifted its holdings in Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after purchasing an additional 61 shares in the last quarter. Hantz Financial Services Inc. increased its stake 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. UMB Bank n.a. increased its stake 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. Signet Financial Management LLC increased its stake in shares of Expedia Group by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock valued at $4,751,000 after acquiring an additional 74 shares during the last quarter. Finally, Metis Global Partners LLC increased its stake in shares of Expedia Group by 1.8% during the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company’s stock valued at $773,000 after acquiring an additional 74 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 transaction of $1,697,900.00. Following the transaction, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock worth $4,577,900 over the last ninety days. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

Expedia Group stock opened at $172.48 on Thursday. The stock has a market cap of $22.23 billion, a P/E ratio of 19.06, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock has a 50 day moving average of $184.00 and a 200-day moving average of $172.26. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 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%. On average, analysts expect that Expedia Group, Inc. will post 12.28 EPS 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. Investors of record on Thursday, March 6th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.93%. Expedia Group’s dividend payout ratio (DPR) is 17.68%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EXPE shares. Barclays upped their price objective on shares of Expedia Group from $166.00 to $187.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. BMO Capital Markets upped their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, February 10th. B. Riley reaffirmed a “buy” rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Finally, Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $193.43.

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.