Hunter Associates Investment Management LLC Has $5.05 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Hunter Associates Investment Management LLC grew its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 10.2% during the 1st quarter, according to its most recent 13F filing with the SEC. 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 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Minot DeBlois Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth about $27,000. Sava Infond d.o.o. acquired a new position in Expedia Group during the 4th quarter worth about $28,000. Prudent Man Investment Management Inc. acquired a new position in Expedia Group during the 4th quarter worth about $34,000. Optiver Holding B.V. acquired a new position in Expedia Group during the 4th quarter worth about $38,000. Finally, Banque Transatlantique SA acquired a new position in Expedia Group during the 4th quarter worth about $45,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Up 3.9%

NASDAQ EXPE traded up $6.88 during trading hours on Thursday, reaching $182.97. 2,147,757 shares of the company's stock were exchanged, compared to its average volume of 1,901,984. The company's 50-day moving average is $167.62 and its two-hundred day moving average is $172.85. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $23.26 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 0.84 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results 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 return on equity of 52.60% and a net margin of 8.48%. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same period in the previous year, the company posted $0.21 earnings per share. Expedia Group's revenue for the quarter was up 3.4% compared to the same quarter last year. On average, analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

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

Analyst Ratings Changes

Several brokerages have weighed in on EXPE. Oppenheimer dropped their price objective on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, May 9th. The Goldman Sachs Group dropped their price objective on Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a report on Friday, May 9th. Wedbush reissued a "neutral" rating and set a $165.00 price objective (down from $180.00) on shares of Expedia Group in a report on Friday, May 9th. Cantor Fitzgerald reissued a "neutral" rating and set a $170.00 price objective on shares of Expedia Group in a report on Thursday, May 15th. Finally, Truist Financial dropped their price objective on Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a report on Tuesday, June 24th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $187.19.

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.