Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Lido Advisors LLC

Lido Advisors LLC increased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 3,050.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,356 shares of the online travel company's stock after acquiring an additional 45,853 shares during the period. Lido Advisors LLC's holdings in Expedia Group were worth $8,824,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in EXPE. Norges Bank purchased a new stake in Expedia Group in the 4th quarter worth about $670,565,000. Bridgewater Associates LP raised its holdings in shares of Expedia Group by 73.4% in the fourth quarter. Bridgewater Associates LP now owns 854,262 shares of the online travel company's stock worth $159,175,000 after buying an additional 361,543 shares during the period. Marshall Wace LLP purchased a new stake in shares of Expedia Group in the fourth quarter worth approximately $58,367,000. Natixis lifted its stake in shares of Expedia Group by 9,987.1% during the 4th quarter. Natixis now owns 302,614 shares of the online travel company's stock worth $56,386,000 after acquiring an additional 299,614 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Expedia Group by 245.0% during the 4th quarter. First Trust Advisors LP now owns 366,414 shares of the online travel company's stock valued at $68,274,000 after acquiring an additional 260,197 shares during the period. 90.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated 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 completion of the transaction, the insider now owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Oppenheimer decreased their target price on Expedia Group from $235.00 to $230.00 and set an "outperform" rating for the company in a research report on Monday, March 17th. StockNews.com raised shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 15th. Susquehanna raised their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. Truist Financial boosted their price target on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a report on Wednesday, March 12th. Finally, Melius Research upgraded Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $191.89.

Expedia Group Stock Performance

Shares of NASDAQ EXPE traded up $3.83 during mid-day trading on Friday, hitting $161.79. The stock had a trading volume of 2,694,277 shares, compared to its average volume of 2,000,532. The company has a 50 day moving average of $165.47 and a two-hundred day moving average of $175.35. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $20.85 billion, a PE ratio of 17.88, a PEG ratio of 0.92 and a beta of 1.65. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share 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%. Research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. Expedia Group's payout ratio is presently 17.68%.

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.