Susquehanna Fundamental Investments LLC Purchases New Position in Expedia Group, Inc. (NASDAQ:EXPE)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 68,410 shares of the online travel company's stock, valued at approximately $12,747,000. Susquehanna Fundamental Investments LLC owned about 0.05% of Expedia Group as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in EXPE. SRH Advisors LLC bought a new stake in Expedia Group in the fourth quarter valued at about $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust grew its holdings in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares during the period. Prudent Man Investment Management Inc. bought a new stake in Expedia Group in the fourth quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after purchasing an additional 117 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction dated Wednesday, February 19th. The shares were 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 approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

Expedia Group Stock Performance

Expedia Group stock traded up $2.66 during midday trading on Friday, reaching $160.62. 1,185,898 shares of the company's stock were exchanged, compared to its average volume of 2,006,144. 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 stock's 50-day simple moving average is $165.47 and its 200 day simple moving average is $175.35. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 17.74, a P/E/G ratio of 0.92 and a beta of 1.65. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73.

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%. On average, analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 1.00%. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio is 17.68%.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several research analyst reports. StockNews.com raised Expedia Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 15th. Truist Financial lifted their price objective on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a report on Wednesday, March 12th. BMO Capital Markets increased their target price on Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a research note on Monday, February 10th. Susquehanna lifted their price target on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research note on Monday, February 10th. Finally, Benchmark reiterated a "buy" rating and issued a $200.00 price target on shares of Expedia Group in a report on Tuesday, February 4th. Nineteen 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.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $191.89.

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.