1,813 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,813 shares of the online travel company’s stock, valued at approximately $338,000.

Several other institutional investors have also bought and sold shares of the stock. Numerai GP LLC grew its position in Expedia Group by 94.6% in the 4th quarter. Numerai GP LLC now owns 3,908 shares of the online travel company’s stock worth $728,000 after purchasing an additional 1,900 shares in the last quarter. Occudo Quantitative Strategies LP bought a new position in Expedia Group during the fourth quarter valued at about $607,000. Minot DeBlois Advisors LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth approximately $27,000. Napa Wealth Management purchased a new stake in Expedia Group in the fourth quarter worth $1,188,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Expedia Group by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,947 shares of the online travel company’s stock worth $9,120,000 after acquiring an additional 1,772 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $166.66 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 firm has a market cap of $21.48 billion, a P/E ratio of 18.42, a P/E/G ratio of 0.92 and a beta of 1.62. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The firm has a 50-day moving average of $160.47 and a 200-day moving average of $175.93.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The company had revenue of $2.99 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 earnings per share. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, May 29th. Expedia Group’s dividend payout ratio (DPR) is presently 18.87%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. StockNews.com lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Friday. The Goldman Sachs Group lowered their price target on shares of Expedia Group from $219.00 to $183.00 and set a “buy” rating on the stock in a report on Friday, May 9th. DA Davidson boosted their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Oppenheimer reduced their target price on Expedia Group from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, May 9th. Finally, Citigroup raised their target price on shares of Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a research note on Tuesday, February 11th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, Expedia Group has an average rating of “Moderate Buy” and a consensus target price of $186.35.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 6.80% of the company’s stock.

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.