AEGON ASSET MANAGEMENT UK Plc Takes Position in Expedia Group, Inc. (NASDAQ:EXPE)

AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 68,516 shares of the online travel company's stock, valued at approximately $11,517,000. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.05% of Expedia Group as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Handelsbanken Fonder AB boosted its position in shares of Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock worth $5,729,000 after purchasing an additional 4,656 shares during the last quarter. Clare Market Investments LLC bought a new stake in shares of Expedia Group in the fourth quarter valued at about $319,000. Cigna Investments Inc. New bought a new stake in Expedia Group in the 4th quarter valued at approximately $238,000. Jones Financial Companies Lllp raised its holdings in Expedia Group by 53.4% during the fourth quarter. Jones Financial Companies Lllp now owns 4,870 shares of the online travel company's stock worth $907,000 after acquiring an additional 1,696 shares in the last quarter. Finally, Groupama Asset Managment bought a new stake in Expedia Group during the fourth quarter worth $1,308,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on EXPE shares. B. Riley reiterated a "buy" rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. DA Davidson lifted their target price on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Bank of America boosted their price objective on Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. The Goldman Sachs Group reduced their price objective 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. Finally, Susquehanna reduced their price objective 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, May 12th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Expedia Group currently has an average rating of "Moderate Buy" and an average target price of $186.35.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded up $3.17 during midday trading on Friday, hitting $176.55. The company had a trading volume of 1,822,609 shares, compared to its average volume of 1,923,324. Expedia Group, Inc. has a twelve month low of $110.20 and a twelve month high of $207.73. The stock has a market cap of $22.44 billion, a price-to-earnings ratio of 19.51, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59. The business's 50-day simple moving average is $159.50 and its 200-day simple moving average is $175.17. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (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 52.41% and a net margin of 9.01%. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 earnings per share. On average, research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is presently 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.