Integrated Wealth Concepts LLC Has $1.26 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Integrated Wealth Concepts LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 192.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,733 shares of the online travel company’s stock after purchasing an additional 4,428 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Expedia Group were worth $1,255,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Stock Yards Bank & Trust Co. raised its position in Expedia Group by 16.3% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 216,685 shares of the online travel company’s stock valued at $32,074,000 after buying an additional 30,396 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Expedia Group in the third quarter valued at approximately $2,958,000. Optimist Retirement Group LLC bought a new stake in shares of Expedia Group in the third quarter worth $246,000. Oddo BHF Asset Management Sas acquired a new position in Expedia Group during the third quarter worth $1,930,000. Finally, Versant Capital Management Inc grew its position in Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock valued at $104,000 after purchasing an additional 419 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 0.7 %

Shares of NASDAQ EXPE opened at $160.15 on Wednesday. The company has a market cap of $20.64 billion, a price-to-earnings ratio of 17.70, a PEG 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. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a 50-day moving average price of $167.11 and a two-hundred day moving average price of $175.42.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data 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 net margin of 9.01% and a return on equity of 52.41%. As a group, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share 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 given a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 1.00%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is currently 17.68%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction 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 trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on EXPE shares. Argus increased their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. BMO Capital Markets raised their price target on Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, February 10th. Truist Financial upped their price objective on Expedia Group from $163.00 to $175.00 and gave the stock a “hold” rating in a research note on Wednesday, March 12th. Barclays boosted their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Finally, Oppenheimer cut their price target on shares of Expedia Group from $235.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, March 17th. Nineteen research 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. Based on data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and an average target price of $191.89.

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.