Hunter Associates Investment Management LLC Buys 2,776 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Hunter Associates Investment Management LLC increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 10.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,950 shares of the online travel company's stock after purchasing an additional 2,776 shares during the period. Hunter Associates Investment Management LLC's holdings in Expedia Group were worth $5,051,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Minot DeBlois Advisors LLC bought a new position in Expedia Group in the fourth quarter valued at approximately $27,000. Sava Infond d.o.o. bought a new stake in Expedia Group in the 4th quarter valued at $28,000. Prudent Man Investment Management Inc. bought a new stake in Expedia Group in the 4th quarter valued at $34,000. Optiver Holding B.V. bought a new stake in Expedia Group in the 4th quarter valued at $38,000. Finally, Banque Transatlantique SA bought a new stake in Expedia Group in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on EXPE shares. Wedbush reaffirmed a "neutral" rating and issued a $165.00 price objective (down from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. Oppenheimer cut their price target on shares of Expedia Group from $230.00 to $210.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. Wells Fargo & Company boosted their price target on shares of Expedia Group from $149.00 to $178.00 and gave the stock an "equal weight" rating in a research report on Monday, July 7th. Morgan Stanley dropped their target price on shares of Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $187.19.

Expedia Group Price Performance

EXPE stock traded up $0.67 during midday trading on Friday, reaching $183.64. The company had a trading volume of 1,265,710 shares, compared to its average volume of 1,903,046. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 1 year low of $110.20 and a 1 year high of $207.73. The company has a market capitalization of $23.34 billion, a P/E ratio of 21.66, a P/E/G ratio of 0.87 and a beta of 1.57. The firm has a 50-day moving average price of $168.56 and a 200-day moving average price of $172.77.

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 for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The company's revenue was up 3.4% compared to the same quarter last year. On average, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date was Thursday, May 29th. Expedia Group's dividend payout ratio is presently 18.87%.

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.