Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Ethic Inc.

Ethic Inc. lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 11.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,285 shares of the online travel company's stock after purchasing an additional 2,475 shares during the period. Ethic Inc.'s holdings in Expedia Group were worth $4,525,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EXPE. SRH Advisors LLC purchased a new position in shares of Expedia Group during the fourth quarter valued at approximately $28,000. Sava Infond d.o.o. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $28,000. Grove Bank & Trust increased its position in shares of 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 acquiring an additional 142 shares in the last quarter. Prudent Man Investment Management Inc. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $34,000. Finally, Optiver Holding B.V. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $38,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated 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 of the company's stock, valued at $15,325,061.40. The trade was 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. Insiders own 6.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Bank of America lifted their target price on shares of Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. UBS Group lowered 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. Truist Financial lifted their target price on shares of Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a research note on Wednesday, March 12th. StockNews.com cut shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 5th. Finally, Susquehanna lowered their target price on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research note on Monday. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $187.88.

Expedia Group Stock Performance

EXPE stock traded down $0.15 during midday trading on Wednesday, hitting $169.22. 2,124,507 shares of the stock traded hands, compared to its average volume of 1,938,866. The firm has a market cap of $21.81 billion, a P/E ratio of 18.70, a PEG ratio of 0.92 and a beta of 1.62. 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 stock's fifty day simple moving average is $160.92 and its 200-day simple moving average is $175.87. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The company had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.21 earnings per share. On average, analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's dividend payout ratio is currently 18.87%.

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.