Expedia Group, Inc. (NASDAQ:EXPE) Position Reduced by Millington Financial Advisors LLC

Millington Financial Advisors LLC reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,081 shares of the online travel company’s stock after selling 92 shares during the period. Expedia Group comprises approximately 1.3% of Millington Financial Advisors LLC’s holdings, making the stock its 23rd biggest position. Millington Financial Advisors LLC’s holdings in Expedia Group were worth $2,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of EXPE. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at approximately $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Venturi Wealth Management LLC increased its stake in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth $51,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Expedia Group in the 4th quarter worth about $72,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $199.97 on Tuesday. 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 firm has a market capitalization of $25.77 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. The company has a 50 day simple moving average of $185.75 and a 200-day simple moving average of $167.08. 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 return on equity of 52.41% and a net margin of 9.01%. Equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.80%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is 17.68%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EXPE shares. Barclays boosted 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 report on Friday, February 7th. UBS Group reaffirmed a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $215.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and an average target price of $192.64.

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 dated 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 completion of the sale, 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 at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the sale, the director now directly 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 valued at $4,577,900 in the last three months. Insiders own 6.80% of the company’s stock.

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.