Central Bank & Trust Co. Purchases 2,681 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Central Bank & Trust Co. grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 57.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,324 shares of the online travel company's stock after purchasing an additional 2,681 shares during the period. Central Bank & Trust Co.'s holdings in Expedia Group were worth $1,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. UMB Bank n.a. increased its position in shares of Expedia Group by 14.1% during the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock worth $94,000 after acquiring an additional 69 shares during the period. Procyon Advisors LLC acquired a new stake in shares of Expedia Group during the first quarter worth $1,005,000. Curat Global LLC purchased a new position in shares of Expedia Group during the first quarter worth $67,000. Retireful LLC purchased a new position in shares of Expedia Group during the first quarter worth $1,149,000. Finally, AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Expedia Group during the first quarter worth $11,517,000. Institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXPE. Truist Financial boosted their target price on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research note on Wednesday, March 12th. Bank of America increased their price objective on shares of Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating in a research report on Friday, May 9th. BMO Capital Markets upped their target price on shares of Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a report on Monday, February 10th. Wells Fargo & Company increased their price target on shares of Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Finally, UBS Group decreased their price target on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $186.35.

Expedia Group Trading Up 1.8%

Shares of EXPE stock opened at $176.55 on Friday. The company has a market cap of $22.44 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59. The stock's 50 day simple moving average is $159.50 and its two-hundred day simple moving average is $175.14. Expedia Group, Inc. has a 1 year low of $110.20 and a 1 year high of $207.73. 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 announced its earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The firm's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS. 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 disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, May 29th. Expedia Group's payout ratio is 18.87%.

Expedia Group 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.

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