Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 13.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,682 shares of the online travel company's stock after purchasing an additional 11,834 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Expedia Group worth $16,925,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in Expedia Group in the 4th quarter valued at $670,565,000. Geode Capital Management LLC raised its position in Expedia Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 3,228,090 shares of the online travel company's stock worth $600,750,000 after buying an additional 30,163 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Expedia Group by 6.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,360,374 shares of the online travel company's stock worth $439,808,000 after buying an additional 150,480 shares during the last quarter. Alkeon Capital Management LLC raised its position in Expedia Group by 25.4% during the 4th quarter. Alkeon Capital Management LLC now owns 1,976,472 shares of the online travel company's stock worth $368,276,000 after buying an additional 400,000 shares during the last quarter. Finally, Lyrical Asset Management LP raised its position in Expedia Group by 1.7% during the 4th quarter. Lyrical Asset Management LP now owns 1,763,489 shares of the online travel company's stock worth $328,591,000 after buying an additional 28,736 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Analyst Ratings Changes

EXPE has been the subject of a number of analyst reports. UBS Group cut their price objective on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. The Goldman Sachs Group cut their price target on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a report on Friday, May 9th. Susquehanna cut their price target on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a report on Monday, May 12th. Bank of America increased their price target on shares of Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating in a report on Friday, May 9th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $188.92.

Expedia Group Trading Up 0.3%

Shares of Expedia Group stock traded up $0.62 during mid-day trading on Monday, hitting $187.96. 229,804 shares of the stock were exchanged, compared to its average volume of 2,090,579. Expedia Group, Inc. has a twelve month low of $110.20 and a twelve month high of $207.73. The stock has a market capitalization of $23.89 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 0.90 and a beta of 1.57. The company has a 50-day simple moving average of $172.39 and a 200 day simple moving average of $172.55. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.92.

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). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period in the prior year, the business earned $0.21 earnings per share. Expedia Group's revenue for the quarter was up 3.4% on a year-over-year basis. Research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 0.85%. 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.