Captrust Financial Advisors Buys 4,291 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Captrust Financial Advisors lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 19.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,870 shares of the online travel company's stock after buying an additional 4,291 shares during the period. Captrust Financial Advisors' holdings in Expedia Group were worth $5,007,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group during the fourth quarter worth $28,000. Grove Bank & Trust increased its holdings in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares during the period. Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group in the 4th quarter valued at $34,000. Finally, Optiver Holding B.V. acquired a new position in shares of Expedia Group in the 4th quarter valued at $38,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EXPE. Barclays upped their target price on shares of Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a research note on Friday. Susquehanna increased their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Piper Sandler cut Expedia Group from a "neutral" rating to an "underweight" rating and lowered their price target for the company from $174.00 to $135.00 in a research report on Friday. Finally, UBS Group reduced their target price on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $189.04.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company'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 value of $1,028,500.00. Following the completion of the sale, the insider now owns 74,502 shares of the company's stock, 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 is accessible through the SEC website. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $156.55 on Friday. The firm has a fifty day moving average of $161.69 and a two-hundred day moving average of $175.63. 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 stock has a market capitalization of $20.17 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.92 and a beta of 1.62. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the prior year, the company posted $0.21 EPS. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

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.

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