Czech National Bank Raises Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Czech National Bank raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,327 shares of the online travel company's stock after purchasing an additional 1,663 shares during the quarter. Czech National Bank's holdings in Expedia Group were worth $4,762,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in EXPE. Minot DeBlois Advisors LLC purchased a new position in Expedia Group during the 4th quarter worth approximately $27,000. SRH Advisors LLC purchased a new position in Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. purchased a new position in Expedia Group during the 4th quarter worth approximately $28,000. Prudent Man Investment Management Inc. purchased a new position in Expedia Group during the 4th quarter worth approximately $34,000. Finally, Optiver Holding B.V. acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Trading Up 1.8%

NASDAQ EXPE traded up $3.17 on Friday, reaching $176.55. 1,822,609 shares of the company were exchanged, compared to its average volume of 1,923,324. Expedia Group, Inc. has a fifty-two week low of $110.20 and a fifty-two week high of $207.73. The stock has a market capitalization of $22.44 billion, a P/E ratio of 19.51, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59. The business's fifty day moving average price is $159.50 and its 200 day moving average price is $175.17. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data 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). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The firm had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the prior year, the company posted $0.21 EPS. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. Analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 0.91%. Expedia Group's dividend payout ratio (DPR) is 18.87%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on EXPE shares. Wedbush reissued a "neutral" rating and set a $165.00 price target (down from $180.00) on shares of Expedia Group in a report on Friday, May 9th. Wells Fargo & Company upped their price objective on shares of Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Cantor Fitzgerald restated a "neutral" rating and set a $170.00 target price on shares of Expedia Group in a research report on Thursday, May 15th. JMP Securities reaffirmed a "market perform" rating on shares of Expedia Group in a report on Friday, February 7th. Finally, Barclays increased their price target 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. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Expedia Group has a consensus rating of "Moderate Buy" and a consensus 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.