Vontobel Holding Ltd. Acquires 14,503 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Vontobel Holding Ltd. raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 42.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,060 shares of the online travel company's stock after purchasing an additional 14,503 shares during the period. Vontobel Holding Ltd.'s holdings in Expedia Group were worth $8,247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EXPE. Minot DeBlois Advisors LLC bought a new position in shares of Expedia Group during the fourth quarter valued at approximately $27,000. Sava Infond d.o.o. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $28,000. Prudent Man Investment Management Inc. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $34,000. Optiver Holding B.V. bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $38,000. Finally, Banque Transatlantique SA bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $45,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Trading Down 1.7%

Shares of EXPE stock opened at $171.01 on Thursday. Expedia Group, Inc. has a 1 year low of $110.20 and a 1 year high of $207.73. The firm has a fifty day moving average price of $165.89 and a 200-day moving average price of $172.98. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market cap of $21.74 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 0.83 and a beta of 1.57.

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 for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The firm had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same quarter last year, the firm posted $0.21 EPS. The firm's quarterly revenue was up 3.4% compared to the same quarter last year. As a group, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend was Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is 18.87%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group reduced 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. Cantor Fitzgerald reissued a "neutral" rating and set a $170.00 price target on shares of Expedia Group in a research report on Thursday, May 15th. Wall Street Zen downgraded shares of Expedia Group from a "buy" rating to a "hold" rating in a research report on Saturday, June 28th. Oppenheimer reduced their price target on shares of Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Finally, Bank of America lifted their target price on shares of Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $186.08.

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.

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