2,162 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Accredited Investors Inc.

Accredited Investors Inc. purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,162 shares of the online travel company's stock, valued at approximately $363,000.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth about $408,000. Mizuho Securities USA LLC lifted its holdings in shares of Expedia Group by 44.0% during the fourth quarter. Mizuho Securities USA LLC now owns 11,641 shares of the online travel company's stock worth $2,169,000 after purchasing an additional 3,558 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of Expedia Group during the fourth quarter worth about $9,902,000. Samalin Investment Counsel LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth about $321,000. Finally, Stevens Capital Management LP acquired a new stake in shares of Expedia Group during the fourth quarter worth about $261,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Price Performance

Shares of EXPE traded down $3.14 during trading hours on Friday, hitting $187.34. 1,419,322 shares of the stock were exchanged, compared to its average volume of 2,104,518. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 12-month low of $110.20 and a 12-month high of $207.73. The company has a market cap of $23.81 billion, a price-to-earnings ratio of 22.09, a price-to-earnings-growth ratio of 0.92 and a beta of 1.57. The stock's 50-day moving average price is $171.98 and its two-hundred day moving average price is $172.66.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. Research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Thursday, May 29th. Expedia Group's payout ratio is 18.87%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. The Goldman Sachs Group decreased their target price on Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a report on Friday, May 9th. Benchmark reaffirmed a "buy" rating on shares of Expedia Group in a report on Wednesday. UBS Group reduced their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. Wall Street Zen cut Expedia Group from a "buy" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Truist Financial reduced their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a research report on Tuesday, June 24th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus price target of $188.92.

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.