Xponance Inc. Has $5.55 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Xponance Inc. grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 29,761 shares of the online travel company’s stock after buying an additional 700 shares during the period. Xponance Inc.’s holdings in Expedia Group were worth $5,545,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SRH Advisors LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $28,000. Grove Bank & Trust increased its stake in shares of Expedia Group by 676.2% in 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 during the period. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the 3rd quarter valued at $51,000. EverSource Wealth Advisors LLC increased its stake in shares of Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after buying an additional 117 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $72,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Morgan Stanley lifted their price objective on Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Wedbush reaffirmed a “neutral” rating and set a $215.00 price objective (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Robert W. Baird assumed coverage on Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective for the company. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of Expedia Group in a research note on Tuesday, February 4th. Finally, Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. Nineteen research 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 stock. According to MarketBeat.com, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Price Performance

NASDAQ:EXPE opened at $172.48 on Thursday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The stock’s 50-day simple moving average is $184.00 and its 200 day simple moving average is $172.26. The company has a market cap of $22.23 billion, a P/E ratio of 19.06, a P/E/G ratio of 0.92 and a beta of 1.83. 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 earnings per share (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 52.41%. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. 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 payout ratio is 17.68%.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock valued at $4,577,900 over the last 90 days. 6.80% of the stock is currently owned by insiders.

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.