EverSource Wealth Advisors LLC Grows Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

EverSource Wealth Advisors LLC increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 75.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 272 shares of the online travel company’s stock after buying an additional 117 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Expedia Group were worth $51,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust increased its stake in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group during the third quarter worth about $51,000. Golden State Wealth Management LLC acquired a new stake in Expedia Group during the fourth quarter worth about $72,000. Finally, UMB Bank n.a. increased its stake in Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after acquiring an additional 63 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Trading Up 4.4 %

NASDAQ:EXPE opened at $172.48 on Thursday. The company has a market cap of $22.23 billion, a PE 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. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The business’s 50 day moving average is $184.00 and its two-hundred day moving average is $172.26.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.93%. Expedia Group’s dividend payout ratio (DPR) is 17.68%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EXPE. Cantor Fitzgerald restated a “neutral” rating and set a $210.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. UBS Group restated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Wells Fargo & Company increased their target price on Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Finally, StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and a consensus price target of $193.43.

Insider Buying and Selling

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 stock was 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on 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 sale, the director now directly owns 158,505 shares in the company, 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. In the last 90 days, insiders have sold 25,000 shares of company stock valued at $4,577,900. 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.