Edmond DE Rothschild Holding S.A. Grows Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Edmond DE Rothschild Holding S.A. grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 3,462.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,425 shares of the online travel company’s stock after acquiring an additional 1,385 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Expedia Group were worth $266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Public Sector Pension Investment Board increased its holdings in Expedia Group by 18.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 5,141 shares of the online travel company’s stock worth $761,000 after purchasing an additional 800 shares during the period. Captrust Financial Advisors increased its stake in shares of Expedia Group by 29.9% during the third quarter. Captrust Financial Advisors now owns 22,579 shares of the online travel company’s stock valued at $3,342,000 after buying an additional 5,203 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of Expedia Group in the third quarter valued at about $294,000. Ascent Group LLC lifted its stake in Expedia Group by 20.8% in the third quarter. Ascent Group LLC now owns 2,354 shares of the online travel company’s stock worth $348,000 after acquiring an additional 405 shares during the period. Finally, Hilltop Holdings Inc. bought a new position in Expedia Group during the 3rd quarter worth about $372,000. Institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on EXPE shares. BMO Capital Markets increased their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, February 10th. Citigroup lifted their price target on Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Wedbush restated a “neutral” rating and set a $215.00 price objective (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. B. Riley reaffirmed a “buy” rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. Finally, Truist Financial boosted their target price on shares of Expedia Group from $163.00 to $175.00 and gave the stock a “hold” rating in a report on Wednesday, March 12th. Nineteen 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’s stock. According to data from MarketBeat, Expedia Group has an average rating of “Moderate Buy” and an average target price of $193.43.

Expedia Group Price Performance

NASDAQ:EXPE opened at $167.85 on Thursday. The firm’s fifty day moving average is $181.68 and its two-hundred day moving average is $174.89. The firm has a market cap of $21.63 billion, a price-to-earnings ratio of 18.55, a PEG 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, Inc. has a one year low of $107.25 and a one year high of $207.73.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Research 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 was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. Expedia Group’s payout ratio is 17.68%.

Expedia Group Company 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.