Expedia Group, Inc. (NASDAQ:EXPE) Stake Raised by Vident Advisory LLC

Vident Advisory LLC increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 41.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 11,525 shares of the online travel company's stock after acquiring an additional 3,386 shares during the period. Vident Advisory LLC's holdings in Expedia Group were worth $2,147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. Minot DeBlois Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $27,000. SRH Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. acquired a new position in Expedia Group during the 4th quarter worth approximately $28,000. Prudent Man Investment Management Inc. acquired a new position in Expedia Group during the 4th quarter worth approximately $34,000. Finally, Optiver Holding B.V. acquired a new position in Expedia Group during the 4th quarter worth approximately $38,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of Expedia Group stock traded down $1.74 during trading on Friday, hitting $158.98. The stock had a trading volume of 1,269,711 shares, compared to its average volume of 1,936,678. 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 cap of $20.21 billion, a P/E ratio of 17.57, a PEG ratio of 0.92 and a beta of 1.62. The business has a fifty day moving average of $160.35 and a two-hundred day moving average of $175.96. Expedia Group, Inc. has a fifty-two week low of $107.25 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 for the quarter, missing the consensus estimate of $0.42 by ($0.02). The firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The company's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 EPS. On average, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders 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 annualized dividend and a dividend yield of 1.01%. Expedia Group's dividend payout ratio (DPR) is 18.87%.

Analyst Upgrades and Downgrades

EXPE has been the topic of several recent research reports. Morgan Stanley reduced their price target on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Susquehanna cut their target price on Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research report on Monday, May 12th. UBS Group cut their target price on Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. HSBC raised Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 target price on the stock in a research report on Friday, February 7th. Finally, Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group 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.