Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Vident Advisory LLC

Vident Advisory LLC raised its holdings 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 Securities and Exchange Commission (SEC). The fund owned 11,525 shares of the online travel company's stock after acquiring an additional 3,386 shares during the quarter. Vident Advisory LLC's holdings in Expedia Group were worth $2,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of EXPE. Norges Bank bought a new stake in Expedia Group in the 4th quarter valued at $670,565,000. Geode Capital Management LLC boosted its stake in shares of Expedia Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 3,228,090 shares of the online travel company's stock worth $600,750,000 after purchasing an additional 30,163 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Expedia Group by 6.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,360,374 shares of the online travel company's stock worth $439,808,000 after purchasing an additional 150,480 shares during the period. Alkeon Capital Management LLC boosted its position in Expedia Group by 25.4% in the 4th quarter. Alkeon Capital Management LLC now owns 1,976,472 shares of the online travel company's stock valued at $368,276,000 after buying an additional 400,000 shares during the period. Finally, Lyrical Asset Management LP boosted its position in Expedia Group by 1.7% in the 4th quarter. Lyrical Asset Management LP now owns 1,763,489 shares of the online travel company's stock valued at $328,591,000 after buying an additional 28,736 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EXPE. Barclays boosted their price objective on shares of Expedia Group from $187.00 to $190.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. 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. Citigroup upped their price target on shares of Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Finally, Wall Street Zen downgraded shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Expedia Group currently has an average rating of "Moderate Buy" and a consensus price target of $186.35.

Expedia Group Stock Performance

EXPE traded up $5.80 during trading on Tuesday, hitting $164.78. The stock had a trading volume of 495,095 shares, compared to its average volume of 1,931,205. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market capitalization of $20.95 billion, a P/E ratio of 18.22, a PEG ratio of 0.92 and a beta of 1.62. The company's 50-day moving average price is $160.08 and its 200 day moving average price is $175.85. 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 issued its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). The company had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Expedia Group's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. On average, equities research analysts forecast 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 will be paid on Wednesday, June 18th. Shareholders 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 0.97%. Expedia Group's dividend payout ratio (DPR) is 18.87%.

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.