AEGON ASSET MANAGEMENT UK Plc Invests $11.52 Million in Expedia Group, Inc. (NASDAQ:EXPE)

AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 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.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Minot DeBlois Advisors LLC bought a new stake in shares of Expedia Group during the fourth quarter worth about $27,000. SRH Advisors LLC bought a new stake in Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. acquired a new position in Expedia Group in the 4th quarter valued at approximately $28,000. Prudent Man Investment Management Inc. bought a new position in shares of Expedia Group during the fourth quarter valued at $34,000. Finally, Optiver Holding B.V. acquired a new position in shares of Expedia Group during the fourth quarter worth $38,000. Institutional investors own 90.76% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Barclays raised their target price on Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a research note on Friday, May 9th. B. Riley reissued a "buy" rating and issued a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. JPMorgan Chase & Co. lowered their target price on Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, HSBC upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price target for the company in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $186.35.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded up $3.56 during midday trading on Thursday, reaching $173.38. 1,900,744 shares of the company were exchanged, compared to its average volume of 1,931,654. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. 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's fifty day moving average is $159.22 and its two-hundred day moving average is $175.22. The stock has a market cap of $22.04 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62.

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

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Thursday, May 29th. Expedia Group's payout ratio is 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.