LTS One Management LP Makes New $20.50 Million Investment in Expedia Group, Inc. (NASDAQ:EXPE)

LTS One Management LP acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 110,000 shares of the online travel company's stock, valued at approximately $20,496,000. Expedia Group makes up approximately 5.7% of LTS One Management LP's investment portfolio, making the stock its 10th biggest holding. LTS One Management LP owned about 0.09% of Expedia Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in EXPE. Greenleaf Trust lifted its holdings in Expedia Group by 2.5% during the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock valued at $470,000 after purchasing an additional 61 shares in the last quarter. UMB Bank n.a. boosted its holdings in Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after buying an additional 63 shares during the last quarter. Signet Financial Management LLC raised its holdings in shares of Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after acquiring an additional 74 shares during the last quarter. Metis Global Partners LLC lifted its position in shares of Expedia Group by 1.8% in the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after acquiring an additional 74 shares in the last quarter. Finally, Diametric Capital LP boosted its stake in shares of Expedia Group by 1.6% in the fourth quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock worth $883,000 after acquiring an additional 74 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group 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 sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.80% of the stock is owned by corporate insiders.

Expedia Group Trading Down 0.9 %

Expedia Group stock traded down $1.42 during trading on Friday, reaching $151.15. The company had a trading volume of 2,152,112 shares, compared to its average volume of 2,012,376. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market capitalization of $19.48 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 0.92 and a beta of 1.65. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The stock's 50 day moving average price is $173.69 and its two-hundred day moving average price is $174.94.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates 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, equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is currently 17.68%.

Analyst Upgrades and Downgrades

EXPE has been the topic of several recent research reports. Oppenheimer lowered their target price on shares of Expedia Group from $235.00 to $230.00 and set an "outperform" rating on the stock in a research note on Monday, March 17th. StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 15th. Barclays boosted their price objective on Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. The Goldman Sachs Group upped their price objective on shares of Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a report on Friday, January 10th. Finally, Morgan Stanley decreased their price objective on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a report on Thursday. Nineteen analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $190.18.

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.