Investment House LLC Sells 118 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Investment House LLC cut its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,052 shares of the online travel company’s stock after selling 118 shares during the quarter. Investment House LLC’s holdings in Expedia Group were worth $6,345,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB raised its holdings in Expedia Group by 17.8% in the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock worth $5,729,000 after purchasing an additional 4,656 shares in the last quarter. Caprock Group LLC raised its holdings in Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC bought a new position in Expedia Group in the fourth quarter worth about $1,791,000. Integrated Investment Consultants LLC bought a new position in Expedia Group in the third quarter worth about $527,000. Finally, Clare Market Investments LLC bought a new position in Expedia Group in the fourth quarter worth about $319,000. 90.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction 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 owns 168,505 shares in the company, valued at approximately $31,198,700.75. This 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 in the last 90 days. 6.80% of the stock is owned by insiders.

Expedia Group Price Performance

Expedia Group stock opened at $165.16 on Wednesday. The company’s fifty day moving average price is $184.20 and its 200 day moving average price is $172.26. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The stock has a market capitalization of $21.28 billion, a P/E ratio of 18.25, 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 quick ratio of 0.72 and a current ratio of 0.72.

Expedia Group (NASDAQ:EXPE) last released its quarterly 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, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.97%. 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. Expedia Group’s payout ratio is 17.68%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on EXPE shares. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. B. Riley restated a “buy” rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Wedbush restated a “neutral” rating and set a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Citigroup upped their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group raised their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.