Silvercrest Asset Management Group LLC Increases Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Silvercrest Asset Management Group LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 14.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,891 shares of the online travel company's stock after buying an additional 1,723 shares during the quarter. Silvercrest Asset Management Group LLC's holdings in Expedia Group were worth $2,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC raised its position in shares of Expedia Group by 29.5% during the 4th quarter. Park Avenue Securities LLC now owns 3,709 shares of the online travel company's stock valued at $691,000 after purchasing an additional 845 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of Expedia Group during the 4th quarter worth about $207,000. Merit Financial Group LLC bought a new stake in Expedia Group during the 4th quarter valued at about $484,000. Aaron Wealth Advisors LLC bought a new stake in Expedia Group during the 4th quarter valued at about $362,000. Finally, Oak Ridge Investments LLC lifted its holdings in Expedia Group by 4.4% during the 4th quarter. Oak Ridge Investments LLC now owns 4,025 shares of the online travel company's stock valued at $750,000 after buying an additional 171 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Stock Down 1.1%

Shares of Expedia Group stock traded down $1.74 on Friday, hitting $158.98. The company had a trading volume of 1,269,711 shares, compared to its average volume of 1,936,678. The stock has a 50-day moving average of $160.35 and a 200-day moving average of $176.01. 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 firm has a market capitalization of $20.21 billion, a P/E ratio of 17.57, a P/E/G ratio of 0.92 and a beta of 1.62. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

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

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 1.01%. Expedia Group's dividend payout ratio (DPR) is presently 18.87%.

Analysts Set New Price Targets

Several research analysts recently commented on EXPE shares. B. Riley reiterated a "buy" rating and set a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Wall Street Zen downgraded shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a report on Friday, May 16th. JPMorgan Chase & Co. lowered their price target 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. BMO Capital Markets increased their price target on shares of Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a report on Monday, February 10th. Finally, Susquehanna reduced their price objective on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a research report on Monday, May 12th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.