Wealth Enhancement Advisory Services LLC Buys 16,587 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Wealth Enhancement Advisory Services LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 165.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,617 shares of the online travel company's stock after buying an additional 16,587 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Expedia Group were worth $4,960,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $27,000. SRH Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $28,000. Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $34,000. Finally, Optiver Holding B.V. bought a new stake in Expedia Group in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. B. Riley reiterated a "buy" rating and issued a $235.00 price objective (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Susquehanna dropped their price objective on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research report on Monday, May 12th. Wells Fargo & Company increased their price objective on shares of Expedia Group from $143.00 to $149.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Wedbush reissued a "neutral" rating and issued a $165.00 price objective (down from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. Finally, The Goldman Sachs Group dropped their price objective on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $186.35.

Expedia Group Trading Up 1.8%

Expedia Group stock traded up $3.17 during mid-day trading on Friday, hitting $176.55. 1,822,609 shares of the stock were exchanged, compared to its average volume of 1,925,932. 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 12 month low of $110.20 and a 12 month high of $207.73. The firm's fifty day simple moving average is $159.50 and its two-hundred day simple moving average is $175.17. The stock has a market capitalization of $22.44 billion, a price-to-earnings ratio of 19.51, a PEG ratio of 0.92 and a beta of 1.59.

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 52.41% and a net margin of 9.01%. The firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the previous year, the business posted $0.21 EPS. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. 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 will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.91%. Expedia Group's payout ratio is 18.87%.

Expedia Group Company 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.