5,348 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Allianz SE

Allianz SE purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,348 shares of the online travel company’s stock, valued at approximately $997,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EXPE. Windacre Partnership LLC increased its position in shares of Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after buying an additional 1,431,500 shares during the period. Norges Bank bought a new stake in Expedia Group during the fourth quarter valued at $670,565,000. Geode Capital Management LLC grew its holdings in Expedia Group by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after acquiring an additional 20,005 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Expedia Group by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 732,645 shares of the online travel company’s stock worth $136,514,000 after acquiring an additional 10,332 shares during the period. Finally, Amundi raised its position in shares of Expedia Group by 15.3% in the 4th quarter. Amundi now owns 433,534 shares of the online travel company’s stock worth $79,172,000 after acquiring an additional 57,621 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several research analyst reports. 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. Barclays increased their price target on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. UBS Group reiterated a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. Finally, HSBC raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 target price on the stock in a research note on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Stock Down 0.6 %

Shares of NASDAQ:EXPE opened at $168.10 on Monday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a market capitalization of $21.66 billion, a PE ratio of 18.57, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The business has a fifty day moving average price of $182.46 and a two-hundred day moving average price of $174.47. 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 (NASDAQ:EXPE) last posted its quarterly earnings results 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 net margin of 9.01% and a return on equity of 52.41%. Analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.40 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.95%. Expedia Group’s dividend payout ratio is presently 17.68%.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,000 shares of company stock valued at $4,577,900. Company insiders own 6.80% of the company’s stock.

Expedia Group Profile

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.