Two Sigma Advisers LP Has $13.32 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Two Sigma Advisers LP trimmed its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 72.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,500 shares of the online travel company's stock after selling 184,900 shares during the period. Two Sigma Advisers LP owned 0.06% of Expedia Group worth $13,323,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC grew its stake in shares of Expedia Group by 29.5% during the fourth quarter. Park Avenue Securities LLC now owns 3,709 shares of the online travel company's stock valued at $691,000 after purchasing an additional 845 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in Expedia Group during the 4th quarter worth $207,000. Merit Financial Group LLC bought a new position in Expedia Group in the 4th quarter valued at $484,000. UMB Bank n.a. increased its stake in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after buying an additional 63 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in shares of Expedia Group by 11.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 11,613 shares of the online travel company's stock valued at $2,163,000 after buying an additional 1,212 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Down 1.1%

EXPE traded down $1.74 during trading on Monday, hitting $158.98. The company had a trading volume of 1,269,711 shares, compared to its average volume of 1,936,678. The company has a market capitalization of $20.21 billion, a PE ratio of 17.57, a PEG ratio of 0.92 and a beta of 1.62. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The firm's 50-day moving average price is $160.35 and its 200 day moving average price is $176.01.

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

Expedia Group Announces Dividend

The company 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. This represents a $1.60 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is currently 18.87%.

Analysts Set New Price Targets

EXPE has been the topic of several recent research reports. DA Davidson raised their price target on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Benchmark reduced their target price on shares of Expedia Group from $225.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. The Goldman Sachs Group lowered their price target on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a research report on Friday, May 9th. HSBC upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective on the stock in a report on Friday, February 7th. Finally, Citigroup lifted their target price on shares of Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Expedia Group has an average rating of "Moderate Buy" and an average target price of $186.35.

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.