Simon Quick Advisors LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,049 shares of the online travel company's stock, valued at approximately $344,000.
Other large investors also recently bought and sold shares of the company. UMB Bank n.a. raised its position in shares of Expedia Group by 14.1% during the 1st 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 during the last quarter. Metis Global Partners LLC increased its stake in 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 worth $773,000 after buying an additional 74 shares in the last quarter. Diametric Capital LP raised its holdings in shares of Expedia Group by 1.6% during the fourth quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock valued at $883,000 after acquiring an additional 74 shares during the last quarter. Foyston Gordon & Payne Inc raised its holdings in shares of Expedia Group by 0.3% during 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 acquiring an additional 74 shares during the last quarter. Finally, Ascent Group LLC lifted its position in shares of Expedia Group by 3.2% in the fourth quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock valued at $453,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.
Expedia Group Stock Up 0.6%
Shares of EXPE stock traded up $0.99 during trading on Wednesday, reaching $162.98. The company's stock had a trading volume of 639,031 shares, compared to its average volume of 1,909,533. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 1-year low of $110.20 and a 1-year high of $207.73. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.79 and a beta of 1.59. The stock's 50-day moving average price is $162.52 and its 200 day moving average price is $174.41.
Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.21 earnings per share. On average, research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.
Expedia Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. Expedia Group's payout ratio is 18.87%.
Wall Street Analyst Weigh In
Several research firms recently commented on EXPE. Wall Street Zen downgraded Expedia Group from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 16th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $170.00 target price on shares of Expedia Group in a research report on Thursday, May 15th. The Goldman Sachs Group lowered their price target on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. JPMorgan Chase & Co. cut their price objective on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Finally, Wedbush reissued a "neutral" rating and issued a $165.00 target price (down from $180.00) on shares of Expedia Group in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $186.35.
Get Our Latest Stock Report on EXPE
Expedia Group Profile
(
Free Report)
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.
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