Natixis Buys 299,614 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Natixis boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 9,987.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 302,614 shares of the online travel company's stock after purchasing an additional 299,614 shares during the period. Natixis owned about 0.24% of Expedia Group worth $56,386,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Handelsbanken Fonder AB lifted its stake in shares of Expedia Group by 17.8% during the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock worth $5,729,000 after buying an additional 4,656 shares during the last quarter. Teamwork Financial Advisors LLC bought a new position in Expedia Group in the 4th quarter valued at about $1,791,000. Clare Market Investments LLC acquired a new stake in Expedia Group during the fourth quarter worth approximately $319,000. Nisa Investment Advisors LLC boosted its holdings in shares of Expedia Group by 17.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock worth $11,180,000 after acquiring an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New bought a new stake in shares of Expedia Group during the fourth quarter worth approximately $238,000. Institutional investors own 90.76% of the company's stock.

Insiders Place Their Bets

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

Expedia Group Price Performance

EXPE traded up $3.24 on Thursday, reaching $159.51. The stock had a trading volume of 894,972 shares, compared to its average volume of 2,009,009. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $20.55 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. 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 50-day moving average of $170.65 and a 200-day moving average of $175.02.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates 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, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business 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. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group's dividend payout ratio (DPR) is currently 17.68%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on EXPE shares. The Goldman Sachs Group lifted their price target on Expedia Group from $208.00 to $236.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Melius raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 target price for the company in a research report on Monday, January 6th. Susquehanna raised their price target 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. BMO Capital Markets lifted their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a research note on Monday, February 10th. Finally, JMP Securities restated a "market perform" rating on shares of Expedia Group in a research report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat, Expedia Group has a consensus rating of "Moderate Buy" and a consensus price target of $190.18.

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.