3,138 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,138 shares of the online travel company's stock, valued at approximately $528,000.

Other large investors also recently modified their holdings of the company. Signaturefd LLC increased its position in shares of Expedia Group by 62.5% in the first quarter. Signaturefd LLC now owns 2,158 shares of the online travel company's stock valued at $363,000 after acquiring an additional 830 shares during the last quarter. CWM LLC boosted its stake in shares of Expedia Group by 42.7% in the first quarter. CWM LLC now owns 24,400 shares of the online travel company's stock valued at $4,102,000 after buying an additional 7,307 shares during the period. Oxbow Advisors LLC raised its position in Expedia Group by 1.7% during the first quarter. Oxbow Advisors LLC now owns 37,572 shares of the online travel company's stock valued at $6,316,000 after purchasing an additional 631 shares in the last quarter. Kathmere Capital Management LLC increased its holdings in shares of Expedia Group by 19.7% during the first quarter. Kathmere Capital Management LLC now owns 2,908 shares of the online travel company's stock worth $489,000 after buying an additional 478 shares in the last quarter. Finally, Ballentine Partners LLC increased its holdings in shares of Expedia Group by 5.9% during the first quarter. Ballentine Partners LLC now owns 1,987 shares of the online travel company's stock worth $334,000 after buying an additional 111 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on EXPE. Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. The Goldman Sachs Group cut their target price on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. JPMorgan Chase & Co. decreased their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Susquehanna decreased their price objective on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a report on Monday, May 12th. Finally, Barclays upped their price target on shares of Expedia Group from $187.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, Expedia Group has a consensus rating of "Moderate Buy" and a consensus price target of $187.19.

Expedia Group Stock Up 1.6%

Shares of NASDAQ:EXPE traded up $2.85 during mid-day trading on Friday, reaching $184.93. 1,155,116 shares of the stock were exchanged, compared to its average volume of 1,888,902. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. The stock's 50 day simple moving average is $170.27 and its 200-day simple moving average is $172.55. The company has a market cap of $23.51 billion, a P/E ratio of 21.81, a P/E/G ratio of 0.88 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results 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). The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. Expedia Group's quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the firm posted $0.21 EPS. As a group, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is currently 18.87%.

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.