Brown Advisory Inc. Buys 1,578 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Brown Advisory Inc. raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 4.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,067 shares of the online travel company's stock after purchasing an additional 1,578 shares during the quarter. Brown Advisory Inc.'s holdings in Expedia Group were worth $6,735,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Minot DeBlois Advisors LLC bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $27,000. Sava Infond d.o.o. bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $28,000. Prudent Man Investment Management Inc. bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $34,000. Optiver Holding B.V. bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $38,000. Finally, Banque Transatlantique SA bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $45,000. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Piper Sandler cut Expedia Group from a "neutral" rating to an "underweight" rating and lowered their price target for the stock from $174.00 to $135.00 in a report on Friday, May 9th. Oppenheimer lowered their price target on Expedia Group from $230.00 to $210.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. UBS Group lowered their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Wells Fargo & Company boosted their price target on Expedia Group from $149.00 to $178.00 and gave the stock an "equal weight" rating in a report on Monday, July 7th. Finally, Truist Financial lowered their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a report on Tuesday, June 24th. One equities research 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $187.19.

Expedia Group Trading Up 0.4%

EXPE stock traded up $0.67 during midday trading on Friday, reaching $183.64. The company's stock had a trading volume of 1,265,710 shares, compared to its average volume of 1,901,250. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a fifty day simple moving average of $168.56 and a two-hundred day simple moving average of $172.77. Expedia Group, Inc. has a 1 year low of $110.20 and a 1 year high of $207.73. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 0.87 and a beta of 1.57.

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

Expedia Group Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Thursday, May 29th. Expedia Group's payout ratio is currently 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.