Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Central Bank & Trust Co.

Central Bank & Trust Co. raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 57.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,324 shares of the online travel company's stock after acquiring an additional 2,681 shares during the quarter. Central Bank & Trust Co.'s holdings in Expedia Group were worth $1,231,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EXPE. Brighton Jones LLC bought a new stake in Expedia Group during the fourth quarter valued at about $408,000. Stratos Wealth Partners LTD. purchased a new position in shares of Expedia Group during the fourth quarter valued at about $205,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Expedia Group by 21.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,608 shares of the online travel company's stock worth $2,347,000 after purchasing an additional 2,252 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth about $13,853,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Expedia Group by 1.1% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,304 shares of the online travel company's stock worth $2,479,000 after buying an additional 141 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Benchmark decreased their target price on Expedia Group from $225.00 to $215.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Piper Sandler downgraded Expedia Group from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $174.00 to $135.00 in a research report on Friday, May 9th. Barclays boosted their target price on Expedia Group from $187.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Oppenheimer decreased their target price on Expedia Group from $230.00 to $210.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. Finally, JPMorgan Chase & Co. decreased 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. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $186.35.

Expedia Group Stock Performance

EXPE stock traded down $0.74 during midday trading on Wednesday, reaching $173.32. The stock had a trading volume of 1,104,898 shares, compared to its average volume of 1,915,559. The stock has a market cap of $22.03 billion, a PE ratio of 19.15, a P/E/G ratio of 0.92 and a beta of 1.59. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a fifty day simple moving average of $160.11 and a two-hundred day simple moving average of $175.01. Expedia Group, Inc. has a 52-week low of $110.20 and a 52-week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results 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 analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the business earned $0.21 EPS. As a group, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 0.92%. Expedia Group's dividend payout ratio (DPR) 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.