Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by MML Investors Services LLC

MML Investors Services LLC lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 23.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,787 shares of the online travel company's stock after selling 2,721 shares during the period. MML Investors Services LLC's holdings in Expedia Group were worth $1,637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of EXPE. SRH Advisors LLC purchased a new position in Expedia Group in the 4th quarter valued at about $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group in the fourth quarter valued at approximately $28,000. Grove Bank & Trust boosted its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after acquiring an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group in the fourth quarter worth approximately $34,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock valued at $51,000 after purchasing an additional 117 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Up 2.5 %

Shares of Expedia Group stock traded up $4.11 during trading hours on Monday, reaching $165.90. 371,228 shares of the company were exchanged, compared to its average volume of 1,946,679. The firm has a market cap of $21.38 billion, a PE ratio of 18.29, a PEG ratio of 0.92 and a beta of 1.65. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The stock's fifty day moving average is $164.71 and its 200 day moving average is $175.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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%. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.40 dividend. This is a boost from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.96%. Expedia Group's dividend payout ratio (DPR) is 17.68%.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 5,000 shares of the firm's stock in a transaction 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 sale, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.80% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. HSBC upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 target price for the company in a research report on Friday, February 7th. Susquehanna raised their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Monday, February 10th. Melius upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price target for the company in a research report on Monday, January 6th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Finally, Wedbush reissued a "neutral" rating on shares of Expedia Group in a research note on Tuesday, April 15th. Eighteen investment analysts have rated the stock with a hold rating, ten have given a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $194.73.

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.