First Hawaiian Bank Buys 6,567 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

First Hawaiian Bank grew its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 222.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,514 shares of the online travel company's stock after acquiring an additional 6,567 shares during the period. First Hawaiian Bank's holdings in Expedia Group were worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of EXPE. Kera Capital Partners Inc. raised its position in shares of Expedia Group by 24.7% during the first quarter. Kera Capital Partners Inc. now owns 1,783 shares of the online travel company's stock worth $300,000 after acquiring an additional 353 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Expedia Group by 37.8% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 401 shares of the online travel company's stock worth $67,000 after purchasing an additional 110 shares during the period. Wellington Management Group LLP grew its position in shares of Expedia Group by 34.4% during the 4th quarter. Wellington Management Group LLP now owns 14,055 shares of the online travel company's stock worth $2,619,000 after buying an additional 3,595 shares during the period. 111 Capital bought a new stake in Expedia Group in the fourth quarter valued at approximately $227,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Expedia Group by 165.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,617 shares of the online travel company's stock worth $4,960,000 after purchasing an additional 16,587 shares during the period. 90.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on EXPE shares. JMP Securities reissued a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. Bank of America upped their price objective on Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. BMO Capital Markets raised their price target on Expedia Group from $165.00 to $190.00 and gave the company a "market perform" rating in a report on Monday, February 10th. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. Finally, DA Davidson boosted their price target on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $186.35.

Expedia Group Stock Performance

EXPE stock traded up $1.71 during midday trading on Wednesday, reaching $170.33. 696,558 shares of the company's stock traded hands, compared to its average volume of 1,926,795. Expedia Group, Inc. has a 52 week low of $110.20 and a 52 week high of $207.73. The company has a 50-day moving average price of $159.18 and a two-hundred day moving average price of $175.25. 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 $21.65 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter last year, the business posted $0.21 earnings per share. Expedia Group's revenue was up 3.4% compared to the same quarter last year. As a group, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.94%. Expedia Group's payout ratio is 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.