Expedia Group, Inc. (NASDAQ:EXPE) Position Boosted by Natixis

Natixis boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 9,987.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 302,614 shares of the online travel company’s stock after buying an additional 299,614 shares during the quarter. Natixis’ holdings in Expedia Group were worth $56,386,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. SRH Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $28,000. Sava Infond d.o.o. acquired a new position in Expedia Group in the fourth quarter worth $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 valued at $30,000 after purchasing an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. bought a new stake in Expedia Group during the fourth quarter valued at $34,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of 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 purchasing an additional 117 shares during the period. Institutional investors and hedge funds 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 business’s 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 completion of the sale, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were 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 approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 0.9 %

Shares of Expedia Group stock opened at $151.15 on Friday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a market cap of $19.48 billion, a P/E ratio of 16.70, a P/E/G ratio of 0.92 and a beta of 1.65. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock has a 50-day moving average price of $173.69 and a 200 day moving average price of $174.94.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 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%. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal 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 issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.06%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is currently 17.68%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EXPE. Citigroup boosted their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. UBS Group reaffirmed a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research report on Friday, February 7th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. dropped their target price on Expedia Group from $205.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $190.18.

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.