Css LLC Il Reduces Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

CSS LLC IL trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 29.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,180 shares of the online travel company's stock after selling 4,320 shares during the period. CSS LLC IL's holdings in Expedia Group were worth $1,897,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group in the 4th quarter worth $27,000. SRH Advisors LLC purchased a new stake in Expedia Group in the fourth quarter valued at about $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group in the fourth quarter worth about $28,000. Grove Bank & Trust grew its stake in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after acquiring an additional 142 shares during the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new stake in shares of Expedia Group during the fourth quarter worth about $34,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

NASDAQ EXPE traded down $1.74 on Monday, hitting $158.98. The company had a trading volume of 1,269,711 shares, compared to its average volume of 1,936,678. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The company's fifty day moving average price is $160.35 and its 200-day moving average price is $176.01. The company has a market capitalization of $20.21 billion, a PE ratio of 17.57, a PEG ratio of 0.92 and a beta of 1.62. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The company had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the prior year, the firm earned $0.21 EPS. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. 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 company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's dividend payout ratio is presently 18.87%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on EXPE shares. Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. B. Riley reiterated a "buy" rating and issued a $235.00 target price (up previously from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. DA Davidson upped their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Friday, February 7th. UBS Group reduced their target price on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a report on Monday, April 28th. Finally, Barclays upped their price target on shares of Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a report 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $186.35.

About Expedia Group

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.