Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 7.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 839,606 shares of the online travel company's stock after purchasing an additional 58,927 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.65% of Expedia Group worth $156,444,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth about $27,000. SRH Advisors LLC purchased a new stake in Expedia Group during the fourth quarter worth about $28,000. Sava Infond d.o.o. purchased a new stake in Expedia Group during the fourth quarter worth about $28,000. Prudent Man Investment Management Inc. purchased a new stake in Expedia Group during the fourth quarter worth about $34,000. Finally, Optiver Holding B.V. purchased a new stake in Expedia Group during the fourth quarter worth about $38,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of research analyst reports. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Morgan Stanley cut their price objective on 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. Oppenheimer dropped their price target on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. UBS Group dropped their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. Finally, Wedbush restated a "neutral" rating and issued a $165.00 price target (down previously from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $186.35.

Expedia Group Stock Performance

Shares of EXPE traded down $2.43 during mid-day trading on Thursday, hitting $164.86. The stock had a trading volume of 713,257 shares, compared to its average volume of 1,930,102. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a market cap of $20.96 billion, a PE ratio of 18.20, 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. The company's fifty day simple moving average is $159.79 and its two-hundred day simple moving average is $175.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data 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). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the prior year, the firm earned $0.21 EPS. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. On average, equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 0.97%. Expedia Group's dividend payout ratio is currently 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.