Fiera Capital Corp Sells 8,935 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Fiera Capital Corp cut its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 1.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 465,818 shares of the online travel company’s stock after selling 8,935 shares during the quarter. Fiera Capital Corp owned about 0.36% of Expedia Group worth $86,796,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Greenleaf Trust increased its position 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 valued at $470,000 after acquiring an additional 61 shares during the last quarter. Hantz Financial Services Inc. lifted 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 worth $441,000 after buying an additional 62 shares during the last quarter. Empirical Finance LLC grew its position in shares of Expedia Group by 1.3% in the third 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 last quarter. UMB Bank n.a. boosted its holdings in Expedia Group by 14.8% in 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 period. Finally, Venture Visionary Partners LLC grew its position in shares of Expedia Group by 0.6% during 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 in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $202.61 on Thursday. The stock has a market cap of $26.00 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The firm has a fifty day moving average price of $183.05 and a 200-day moving average price of $161.87. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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 55.42%. Equities analysts anticipate 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. Stockholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.79%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34.

Analysts Set New Price Targets

EXPE has been the subject of several research analyst reports. Bank of America upgraded shares of Expedia Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $187.00 to $221.00 in a research report on Wednesday, December 18th. B. Riley reissued a “buy” rating and set a $235.00 target price (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Benchmark reissued a “buy” rating and set a $200.00 target price on shares of Expedia Group in a research note on Tuesday, February 4th. Finally, DA Davidson lifted their target price on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Expedia Group has an average rating of “Moderate Buy” and an average target price of $192.64.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,951 shares of company stock worth $3,900,580. Company insiders own 6.80% of the company’s stock.

Expedia Group 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.