Clarius Group LLC Acquires 1,547 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Clarius Group LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 113.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,915 shares of the online travel company's stock after purchasing an additional 1,547 shares during the quarter. Clarius Group LLC's holdings in Expedia Group were worth $490,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of EXPE. Minot DeBlois Advisors LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $27,000. Sava Infond d.o.o. purchased a new position in Expedia Group in the 4th quarter worth approximately $28,000. Prudent Man Investment Management Inc. purchased a new position in shares of Expedia Group during the 4th quarter valued at approximately $34,000. Optiver Holding B.V. purchased a new position in shares of Expedia Group during the 4th quarter valued at approximately $38,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Expedia Group during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

EXPE stock traded up $2.42 during trading on Friday, hitting $164.88. The company had a trading volume of 2,560,390 shares, compared to its average volume of 1,914,162. The company has a fifty day moving average price of $162.80 and a two-hundred day moving average price of $174.17. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.92. The company has a market cap of $20.96 billion, a P/E ratio of 19.44, a P/E/G ratio of 0.78 and a beta of 1.59. Expedia Group, Inc. has a fifty-two week low of $110.20 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. Expedia Group's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 EPS. Equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.97%. Expedia Group's payout ratio is 18.87%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EXPE. Morgan Stanley dropped their target price on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Wall Street Zen lowered Expedia Group from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 16th. Bank of America increased their price target on Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Oppenheimer reduced their price objective on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Finally, The Goldman Sachs Group reduced their price objective on Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $186.35.

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.