Beck Bode LLC Acquires New Position in Expedia Group, Inc. (NASDAQ:EXPE)

Beck Bode LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,971 shares of the online travel company's stock, valued at approximately $554,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Greenleaf Trust increased its position in shares of Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after purchasing an additional 61 shares during the period. UMB Bank n.a. grew its stake in Expedia Group by 14.8% during the fourth 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 in the last quarter. Signet Financial Management LLC increased its holdings in Expedia Group by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after buying an additional 74 shares during the period. Metis Global Partners LLC raised its position in shares of Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after buying an additional 74 shares in the last quarter. Finally, Diametric Capital LP boosted its position in shares of Expedia Group by 1.6% during the 4th 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 in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.80% of the company's stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of research analyst reports. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a report on Tuesday, February 11th. Oppenheimer dropped their target price on shares of Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a report on Monday, March 17th. UBS Group decreased their price target on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Cantor Fitzgerald restated a "neutral" rating and issued a $210.00 target price (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Expedia Group in a report on Friday, February 7th. Eighteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group presently has an average rating of "Moderate Buy" and a consensus price target of $194.73.

Expedia Group Stock Up 1.1 %

Shares of EXPE traded up $1.83 during trading hours on Wednesday, reaching $166.56. 2,206,549 shares of the stock traded hands, compared to its average volume of 1,931,677. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a market cap of $21.46 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 0.92 and a beta of 1.62. The stock has a fifty day simple moving average of $163.45 and a 200 day simple moving average of $175.68. 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 (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current 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 given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. Expedia Group's dividend payout ratio (DPR) 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.