Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 120.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,129 shares of the online travel company's stock after buying an additional 38,919 shares during the period. Quantinno Capital Management LP owned approximately 0.06% of Expedia Group worth $13,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EXPE. Greenleaf Trust lifted its stake in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after acquiring an additional 61 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after acquiring an additional 63 shares during the period. Metis Global Partners LLC raised its position in shares of Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock worth $773,000 after acquiring an additional 74 shares in the last quarter. Diametric Capital LP raised its position in shares of Expedia Group by 1.6% in the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock worth $883,000 after acquiring an additional 74 shares in the last quarter. Finally, Foyston Gordon & Payne Inc raised its position in shares of Expedia Group by 0.3% in the 4th quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock worth $4,124,000 after acquiring an additional 74 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Trading Up 0.3%

Shares of EXPE traded up $0.45 during midday trading on Friday, hitting $166.66. 1,758,482 shares of the stock were exchanged, compared to its average volume of 1,930,761. The firm has a market cap of $21.48 billion, a P/E ratio of 18.42, a P/E/G ratio of 0.92 and a beta of 1.62. The stock has a fifty day simple moving average of $160.47 and a 200 day simple moving average of $176.04. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.21 earnings per share. On average, research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is currently 18.87%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EXPE shares. Truist Financial upped their target price on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a research report on Wednesday, March 12th. Benchmark lowered their price target on Expedia Group from $225.00 to $215.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Wells Fargo & Company increased their price target on Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Oppenheimer reduced their target price on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Finally, Citigroup increased their target price on Expedia Group from $200.00 to $217.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $186.35.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company'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 sale, the insider now directly owns 74,502 shares of the company's stock, valued at $15,325,061.40. This represents a 6.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.80% of the company's stock.

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.