Retireful LLC Purchases New Shares in Expedia Group, Inc. (NASDAQ:EXPE)

Retireful LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,835 shares of the online travel company's stock, valued at approximately $1,149,000.

Other hedge funds have also recently made changes to their positions in the company. Greenleaf Trust raised its stake in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock valued at $470,000 after purchasing an additional 61 shares during the period. Metis Global Partners LLC raised its stake in shares of Expedia Group by 1.8% during the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after purchasing an additional 74 shares during the period. Diametric Capital LP raised its stake in shares of Expedia Group by 1.6% during the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock valued at $883,000 after purchasing an additional 74 shares during the period. Foyston Gordon & Payne Inc raised its stake in shares of Expedia Group by 0.3% during the 4th quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock valued at $4,124,000 after purchasing an additional 74 shares during the period. Finally, Ascent Group LLC increased its stake in Expedia Group by 3.2% in the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after acquiring an additional 76 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of EXPE stock traded up $3.17 during mid-day trading on Friday, hitting $176.55. The company had a trading volume of 1,822,609 shares, compared to its average volume of 1,923,324. Expedia Group, Inc. has a 52-week low of $110.20 and a 52-week high of $207.73. The stock's 50 day moving average price is $159.50 and its 200-day moving average price is $175.08. 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 company has a market capitalization of $22.44 billion, a P/E ratio of 19.51, a P/E/G ratio of 0.92 and a beta of 1.59.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released 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). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. During the same period last year, the firm posted $0.21 EPS. Expedia Group's quarterly revenue was up 3.4% compared to the same quarter last year. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced 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. This represents a $1.60 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is presently 18.87%.

Analyst Ratings Changes

A number of brokerages have recently commented on EXPE. JPMorgan Chase & Co. decreased their price target on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Cantor Fitzgerald reissued a "neutral" rating and issued a $170.00 price target on shares of Expedia Group in a report on Thursday, May 15th. Wells Fargo & Company raised 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. Oppenheimer cut their price target on shares of Expedia Group from $230.00 to $210.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. Finally, Morgan Stanley dropped their target price on shares of Expedia Group from $190.00 to $150.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $186.35.

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.