Groupama Asset Managment Acquires Shares of 7,014 Expedia Group, Inc. (NASDAQ:EXPE)

Groupama Asset Managment bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 7,014 shares of the online travel company’s stock, valued at approximately $1,308,000.

A number of other large investors have also recently modified their holdings of EXPE. Public Sector Pension Investment Board lifted its holdings in Expedia Group by 18.4% in the third quarter. Public Sector Pension Investment Board now owns 5,141 shares of the online travel company’s stock worth $761,000 after buying an additional 800 shares during the period. Captrust Financial Advisors lifted its stake in shares of Expedia Group by 29.9% in the 3rd quarter. Captrust Financial Advisors now owns 22,579 shares of the online travel company’s stock valued at $3,342,000 after purchasing an additional 5,203 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of Expedia Group in the 3rd quarter valued at approximately $294,000. Ascent Group LLC boosted its position in shares of Expedia Group by 20.8% during the third quarter. Ascent Group LLC now owns 2,354 shares of the online travel company’s stock valued at $348,000 after purchasing an additional 405 shares in the last quarter. Finally, Hilltop Holdings Inc. purchased a new stake in Expedia Group in the third quarter worth $372,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 0.1 %

Shares of Expedia Group stock opened at $167.85 on Thursday. The stock has a market capitalization of $21.63 billion, a PE ratio of 18.55, a P/E/G ratio of 0.92 and a beta of 1.83. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The company’s fifty day simple moving average is $181.68 and its 200-day simple moving average is $174.89. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.40 dividend. The ex-dividend date was Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.95%. Expedia Group’s dividend payout ratio is 17.68%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EXPE. Susquehanna boosted their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Monday, February 10th. Citigroup upped their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th. DA Davidson upped their price target on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, The Goldman Sachs Group lifted their price objective on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Nineteen 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. Based on data from MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and an average target price of $193.43.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on 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 in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company’s stock.

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.