GSA Capital Partners LLP Acquires 2,214 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Key Points

• GSA Capital Partners LLP increased its stake in Expedia Group, Inc. by 133.1% in Q1, owning a total of 3,878 shares valued at $652,000.
• Expedia Group reported $0.40 EPS for the last quarter, missing expectations by $0.02, with revenue also falling short at $2.99 billion.
• The company declared a quarterly dividend of $0.40 per share, giving it a dividend yield of 0.9% and a payout ratio of 18.87%.

GSA Capital Partners LLP boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 133.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,878 shares of the online travel company's stock after purchasing an additional 2,214 shares during the period. GSA Capital Partners LLP's holdings in Expedia Group were worth $652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Altman Advisors Inc. grew its stake in Expedia Group by 0.5% in the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock worth $2,093,000 after purchasing an additional 65 shares in the last quarter. UMB Bank n.a. raised its holdings in Expedia Group by 14.1% during the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock worth $94,000 after purchasing an additional 69 shares in the last quarter. Foyston Gordon & Payne Inc increased its holdings in shares of Expedia Group by 0.3% in the fourth quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock valued at $4,124,000 after buying an additional 74 shares in the last quarter. Ascent Group LLC grew its position in Expedia Group by 3.2% during the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after purchasing an additional 76 shares in the last quarter. Finally, Seed Wealth Management Inc. grew its holdings in shares of Expedia Group by 8.2% during the 1st quarter. Seed Wealth Management Inc. now owns 1,250 shares of the online travel company's stock valued at $210,000 after acquiring an additional 95 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on EXPE shares. Barclays raised their target price on Expedia Group from $187.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. decreased their price objective on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. Wall Street Zen raised shares of Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Finally, Susquehanna dropped their target price on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research report on Monday, May 12th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group presently has an average rating of "Moderate Buy" and an average price target of $189.38.

Expedia Group Trading Down 1.7%

Shares of NASDAQ:EXPE traded down $3.15 during midday trading on Tuesday, hitting $181.84. The company had a trading volume of 1,582,052 shares, compared to its average volume of 1,428,069. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 0.88 and a beta of 1.61. The firm has a fifty day simple moving average of $174.93 and a 200 day simple moving average of $172.45. Expedia Group, Inc. has a 12 month low of $111.08 and a 12 month high of $207.73. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.92.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. The business's revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were given a $0.40 dividend. The ex-dividend date was Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. Expedia Group's payout ratio is presently 18.87%.

Expedia Group 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.