Natixis Advisors LLC Has $13.79 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Natixis Advisors LLC lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 8.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 74,022 shares of the online travel company’s stock after selling 6,847 shares during the period. Natixis Advisors LLC owned approximately 0.06% of Expedia Group worth $13,792,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth $28,000. Grove Bank & Trust increased its position 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 period. EverSource Wealth Advisors LLC increased its position in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after acquiring an additional 117 shares during the period. Brooklyn Investment Group acquired a new stake in Expedia Group in the 3rd quarter worth about $51,000. Finally, Golden State Wealth Management LLC bought a new stake in Expedia Group in the 4th quarter valued at about $72,000. 90.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Susquehanna raised their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Monday, February 10th. The Goldman Sachs Group raised their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 15th. 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. Finally, Wedbush reaffirmed a “neutral” rating and issued a $215.00 price target (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $193.43.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is currently owned by insiders.

Expedia Group Stock Performance

NASDAQ EXPE opened at $172.48 on Thursday. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 0.92 and a beta of 1.83. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The stock has a fifty day simple moving average of $184.00 and a 200 day simple moving average of $172.26.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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%. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently announced 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 a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.93%. Expedia Group’s payout ratio is presently 17.68%.

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.