iSAM Funds UK Ltd Purchases Shares of 1,426 Expedia Group, Inc. (NASDAQ:EXPE)

iSAM Funds UK Ltd purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,426 shares of the online travel company’s stock, valued at approximately $266,000.

Other hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its stake in shares of Expedia Group by 29.5% during the 4th quarter. Park Avenue Securities LLC now owns 3,709 shares of the online travel company’s stock worth $691,000 after acquiring an additional 845 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth about $207,000. Merit Financial Group LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth about $484,000. Aaron Wealth Advisors LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth about $362,000. Finally, Grove Bank & Trust boosted its stake in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXPE has been the topic of several recent analyst reports. Susquehanna lowered their target price on shares of Expedia Group from $205.00 to $175.00 and set a “neutral” rating on the stock in a research note on Monday, May 12th. Morgan Stanley lowered their target price on shares of Expedia Group from $190.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 17th. DA Davidson increased their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Bank of America increased their target price on shares of Expedia Group from $205.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Finally, Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $186.35.

Expedia Group Stock Down 1.8%

EXPE stock opened at $162.52 on Wednesday. The company has a market cap of $20.66 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 0.92 and a beta of 1.62. 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 firm has a 50-day moving average of $160.64 and a two-hundred day moving average of $176.12.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The firm’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.21 EPS. As a group, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 0.98%. Expedia Group’s payout ratio is 18.87%.

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.