Curat Global LLC Buys New Shares in Expedia Group, Inc. (NASDAQ:EXPE)

Curat Global LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 400 shares of the online travel company’s stock, valued at approximately $67,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EXPE. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group in the fourth quarter valued at about $27,000. SRH Advisors LLC bought a new position in Expedia Group during the fourth quarter worth about $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the fourth quarter worth about $28,000. Prudent Man Investment Management Inc. bought a new position in Expedia Group during the fourth quarter worth about $34,000. Finally, Optiver Holding B.V. bought a new position in Expedia Group during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EXPE shares. Wells Fargo & Company lifted their price target on Expedia Group from $143.00 to $149.00 and gave the stock an “equal weight” rating in a report on Friday, May 9th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a report on Friday, February 7th. BMO Capital Markets lifted their price target on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a report on Monday, February 10th. Cantor Fitzgerald reiterated a “neutral” rating and set a $170.00 price target on shares of Expedia Group in a report on Thursday, May 15th. Finally, Barclays boosted their price objective on Expedia Group from $187.00 to $190.00 and gave the stock an “equal weight” rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $186.35.

Expedia Group Trading Up 1.8%

Shares of EXPE stock opened at $176.55 on Friday. 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 market cap of $22.44 billion, a P/E ratio of 19.51, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59. The stock has a 50 day simple moving average of $159.50 and a 200 day simple moving average of $175.17. Expedia Group, Inc. has a 1 year low of $110.20 and a 1 year high of $207.73.

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

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.91%. Expedia Group’s dividend payout ratio is currently 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.