2,354 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) during the fourth quarter, Holdings Channel reports. The fund bought 2,354 shares of the online travel company’s stock, valued at approximately $436,000.

Several other large investors have also modified their holdings of the business. Greenleaf Trust raised its holdings in Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings 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 valued at $441,000 after purchasing an additional 62 shares during the last quarter. UMB Bank n.a. increased its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after buying an additional 63 shares in the last quarter. Signet Financial Management LLC grew its stake in shares of Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock worth $4,751,000 after acquiring an additional 74 shares during the last quarter. Finally, Metis Global Partners LLC increased its holdings in shares of Expedia Group by 1.8% during the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company’s stock valued at $773,000 after acquiring an additional 74 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on EXPE shares. BMO Capital Markets upped their target price on Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday, February 10th. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of Expedia Group in a research report on Tuesday, February 4th. Wells Fargo & Company lifted their price objective on shares of Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat.com, Expedia Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.43.

Read Our Latest Stock Analysis on EXPE

Expedia Group Stock Performance

Expedia Group stock opened at $176.86 on Wednesday. The firm has a 50 day simple moving average of $183.50 and a 200-day simple moving average of $173.64. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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 expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given 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 0.90%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio is presently 17.68%.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company’s 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 transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $4,577,900 over the last 90 days. 6.80% of the stock is owned by company insiders.

Expedia Group Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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