Baird Financial Group Inc. Has $15.55 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Baird Financial Group Inc. boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,450 shares of the online travel company's stock after buying an additional 2,333 shares during the period. Baird Financial Group Inc. owned about 0.07% of Expedia Group worth $15,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at about $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Prudent Man Investment Management Inc. bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $34,000. Finally, Optiver Holding B.V. acquired a new position in shares of Expedia Group in the 4th quarter worth approximately $38,000. Institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several recent analyst reports. Wedbush reaffirmed a "neutral" rating on shares of Expedia Group in a research note on Tuesday, April 15th. Citigroup upped their target price on shares of Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a report on Tuesday, February 11th. Argus increased their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. BMO Capital Markets boosted their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a research report on Monday, February 10th. Finally, Morgan Stanley dropped their price objective on shares of Expedia Group from $190.00 to $150.00 and set an "equal weight" rating for the company in a report on Thursday, April 17th. Eighteen research analysts have rated the stock with 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $194.73.

Insider Activity

In related news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.80% of the stock is owned by company insiders.

Expedia Group Trading Down 0.5 %

Shares of Expedia Group stock opened at $164.73 on Wednesday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The business has a fifty day simple moving average of $163.45 and a two-hundred day simple moving average of $175.68. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a market capitalization of $21.23 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 0.92 and a beta of 1.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend was Thursday, March 6th. This is a boost from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's payout ratio is currently 17.68%.

Expedia Group 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.

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