Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Redwood Investment Management LLC

Redwood Investment Management LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 185.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,100 shares of the online travel company's stock after purchasing an additional 6,564 shares during the quarter. Redwood Investment Management LLC's holdings in Expedia Group were worth $1,882,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in EXPE. Minot DeBlois Advisors LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at about $27,000. SRH Advisors LLC purchased a new position in Expedia Group in the fourth quarter worth approximately $28,000. Sava Infond d.o.o. purchased a new position in Expedia Group in the fourth quarter worth approximately $28,000. Grove Bank & Trust grew its holdings in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after acquiring an additional 142 shares in the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new stake in shares of Expedia Group in the 4th quarter valued at approximately $34,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the subject of several recent analyst reports. HSBC raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Wells Fargo & Company increased their price objective on Expedia Group from $143.00 to $149.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. BMO Capital Markets boosted their target price on Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a research note on Monday, February 10th. UBS Group lowered their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a report on Monday, April 28th. Finally, 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 report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, Expedia Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $186.35.

Expedia Group Stock Performance

Shares of Expedia Group stock traded down $1.17 during trading hours on Monday, hitting $165.49. 1,825,509 shares of the company were exchanged, compared to its average volume of 1,930,341. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The business has a 50-day moving average of $160.47 and a 200-day moving average of $176.18. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The stock has a market capitalization of $21.32 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 0.92 and a beta of 1.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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 firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 earnings per share. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company 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 dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.97%. Expedia Group's dividend payout ratio (DPR) is 18.87%.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction that occurred 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.80% of the stock is currently owned by corporate insiders.

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.