First Trust Advisors LP Has $68.27 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

First Trust Advisors LP grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 245.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 366,414 shares of the online travel company's stock after purchasing an additional 260,197 shares during the quarter. First Trust Advisors LP owned about 0.29% of Expedia Group worth $68,274,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. SRH Advisors LLC bought a new position in Expedia Group during the fourth quarter worth $28,000. Sava Infond d.o.o. acquired a new stake in shares of Expedia Group during the 4th quarter worth about $28,000. Grove Bank & Trust lifted its stake in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after buying an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group during the 4th quarter worth about $34,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after buying an additional 117 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on EXPE. Wedbush restated a "neutral" rating on shares of Expedia Group in a research note on Tuesday, April 15th. Barclays raised their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Truist Financial raised their target price on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research note on Wednesday, March 12th. The Goldman Sachs Group raised their target price on shares of Expedia Group from $208.00 to $236.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, Oppenheimer dropped their price objective on shares of Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a research note on Monday, March 17th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $190.18.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by corporate insiders.

Expedia Group Trading Up 0.4 %

NASDAQ:EXPE traded up $0.56 during mid-day trading on Friday, hitting $160.11. 1,020,656 shares of the company's stock were exchanged, compared to its average volume of 2,012,008. The company has a 50 day simple moving average of $168.91 and a 200-day simple moving average of $175.46. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The firm has a market capitalization of $20.63 billion, a P/E ratio of 17.69, a PEG ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 1.00%. Expedia Group's dividend payout ratio (DPR) is currently 17.68%.

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.