Caxton Associates LP Boosts Position in Expedia Group, Inc. (NASDAQ:EXPE)

Caxton Associates LP raised its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 126.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,277 shares of the online travel company's stock after purchasing an additional 5,189 shares during the period. Caxton Associates LP's holdings in Expedia Group were worth $1,729,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Greenleaf Trust raised its holdings 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 acquiring an additional 61 shares during the last quarter. UMB Bank n.a. raised its stake 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 valued at $91,000 after purchasing an additional 63 shares during the last quarter. Signet Financial Management LLC lifted 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 purchasing an additional 74 shares in the last quarter. Metis Global Partners LLC lifted its holdings in 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 purchasing an additional 74 shares in the last quarter. Finally, Diametric Capital LP boosted its stake 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 purchasing an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

Expedia Group stock opened at $165.62 on Tuesday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. 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 company has a market capitalization of $21.34 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62. The firm's fifty day moving average price is $164.03 and its 200 day moving average price is $175.76.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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%. On average, research analysts forecast that Expedia Group, Inc. will post 12.28 EPS 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 dividend of $0.40 per share. This is a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. The ex-dividend date was Thursday, March 6th. Expedia Group's dividend payout ratio is 17.68%.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the 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 transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 6.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EXPE. B. Riley reissued a "buy" rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. UBS Group reduced their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. Wells Fargo & Company set a $143.00 price objective on Expedia Group and gave the company an "equal weight" rating in a research report on Monday, April 7th. Wedbush reiterated a "neutral" rating on shares of Expedia Group in a research report on Tuesday, April 15th. Finally, Benchmark reissued a "buy" rating and issued a $200.00 price target on shares of Expedia Group in a research note on Tuesday, February 4th. Eighteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $194.73.

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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