Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 88,848 shares of the online travel company's stock, valued at approximately $16,555,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Expedia Group at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent analyst reports. DA Davidson raised their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Morgan Stanley reduced their price objective 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. Bank of America raised their price objective on shares of Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating 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 for the company in a research report on Friday, February 7th. Finally, B. Riley reiterated a "buy" rating and set a $235.00 price target (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $186.35.

Expedia Group Stock Performance

NASDAQ EXPE traded up $0.18 during midday trading on Friday, hitting $165.83. The company had a trading volume of 2,138,163 shares, compared to its average volume of 1,936,051. 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 stock has a market cap of $21.08 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 0.92 and a beta of 1.62. The firm has a fifty day simple moving average of $159.32 and a two-hundred day simple moving average of $175.48. Expedia Group, Inc. has a fifty-two week low of $110.20 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted 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 52.41% and a net margin of 9.01%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the prior year, the business earned $0.21 earnings per share. The business's revenue for the quarter was up 3.4% on a year-over-year basis. Equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. Expedia Group's dividend payout ratio (DPR) is currently 18.87%.

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.