Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 10.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,950 shares of the online travel company's stock after purchasing an additional 2,776 shares during the quarter. 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 have also recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in Expedia Group by 14.1% during the 1st quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock valued at $94,000 after purchasing an additional 69 shares in the last quarter. Diametric Capital LP grew its holdings in Expedia Group by 1.6% during the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock valued at $883,000 after purchasing an additional 74 shares in the last quarter. Foyston Gordon & Payne Inc grew its holdings in Expedia Group by 0.3% during the 4th quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock valued at $4,124,000 after purchasing an additional 74 shares in the last quarter. Ascent Group LLC grew its holdings in Expedia Group by 3.2% during the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock valued at $453,000 after purchasing an additional 76 shares in the last quarter. Finally, Seed Wealth Management Inc. grew its holdings in Expedia Group by 8.2% during the 1st quarter. Seed Wealth Management Inc. now owns 1,250 shares of the online travel company's stock valued at $210,000 after purchasing an additional 95 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their price target 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. Cantor Fitzgerald reiterated a "neutral" rating and set a $170.00 price objective on shares of Expedia Group in a research note on Thursday, May 15th. Wall Street Zen downgraded shares of Expedia Group from a "buy" rating to a "hold" rating in a research note on Saturday, June 28th. Wells Fargo & Company increased their price objective on shares of Expedia Group from $149.00 to $178.00 and gave the company an "equal weight" rating in a research note on Monday. Finally, Wedbush reiterated a "neutral" rating and set a $165.00 price objective (down from $180.00) on shares of Expedia Group in a research note on Friday, May 9th. 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $187.19.

Expedia Group Price Performance

Shares of EXPE traded up $5.07 during mid-day trading on Thursday, hitting $181.16. The company's stock had a trading volume of 129,196 shares, compared to its average volume of 1,893,277. The firm has a 50-day moving average price of $167.62 and a 200 day moving average price of $172.85. The stock has a market capitalization of $23.03 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 0.85 and a beta of 1.57. 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 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 data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.21 EPS. On average, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company 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 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is currently 18.87%.

Expedia Group 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.

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