Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 16.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,641 shares of the online travel company's stock after purchasing an additional 2,033 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Expedia Group were worth $2,461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXPE. Minot DeBlois Advisors LLC bought a new stake in Expedia Group in the fourth quarter worth about $27,000. Sava Infond d.o.o. bought a new stake in shares of Expedia Group during the 4th quarter worth approximately $28,000. Prudent Man Investment Management Inc. purchased a new position in Expedia Group during the 4th quarter valued at $34,000. Optiver Holding B.V. bought a new position in Expedia Group in the 4th quarter valued at $38,000. Finally, Banque Transatlantique SA purchased a new stake in Expedia Group in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the topic of a number of research analyst reports. Wells Fargo & Company upped their price target on shares of Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. 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. UBS Group reduced their target price on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Oppenheimer lowered their price target on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Finally, Susquehanna dropped their price objective on Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, Expedia Group currently has a consensus rating of "Hold" and a consensus price target of $186.08.

Expedia Group Stock Up 3.3%

Shares of Expedia Group stock traded up $5.64 during trading on Thursday, reaching $176.65. The company's stock had a trading volume of 1,429,430 shares, compared to its average volume of 1,900,656. Expedia Group, Inc. has a 1-year low of $110.20 and a 1-year high of $207.73. The company has a 50-day simple moving average of $165.89 and a two-hundred day simple moving average of $172.98. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. The company has a market cap of $22.46 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 0.83 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results 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). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same period in the prior year, the business posted $0.21 EPS. Expedia Group's revenue was up 3.4% compared to the same quarter last year. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Thursday, May 29th. Expedia Group's dividend payout ratio 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.