Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 34.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,049 shares of the online travel company's stock after selling 20,954 shares during the period. Nisa Investment Advisors LLC's holdings in Expedia Group were worth $6,564,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Praxis Investment Management Inc. grew its stake in shares of Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock valued at $775,000 after buying an additional 1,790 shares during the period. Monument Capital Management purchased a new stake in shares of Expedia Group in the 1st quarter valued at approximately $2,261,000. State of Alaska Department of Revenue grew its stake in shares of Expedia Group by 3.2% in the 1st quarter. State of Alaska Department of Revenue now owns 14,451 shares of the online travel company's stock valued at $2,429,000 after buying an additional 445 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Expedia Group by 19.0% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company's stock worth $2,662,000 after acquiring an additional 2,534 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of Expedia Group in the 1st quarter worth approximately $433,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on EXPE shares. Barclays boosted their target price on Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Susquehanna cut their price objective on Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a report on Monday, May 12th. Wells Fargo & Company raised their target price on Expedia Group from $149.00 to $178.00 and gave the company an "equal weight" rating in a report on Monday, July 7th. 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 note on Friday, May 9th. Finally, Wedbush reissued a "neutral" rating and set a $165.00 price target (down previously from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. One equities 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 issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $187.19.

Expedia Group Stock Up 0.4%

Shares of Expedia Group stock opened at $183.64 on Friday. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. The company has a market cap of $23.34 billion, a P/E ratio of 21.66, a PEG ratio of 0.87 and a beta of 1.57. 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 firm has a fifty day moving average of $168.56 and a two-hundred day moving average of $172.77.

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 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the prior year, the company earned $0.21 earnings per share. The company's revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders 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 dividend yield of 0.87%. Expedia Group's dividend payout ratio (DPR) 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.

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