Teachers Retirement System of The State of Kentucky Sells 12,998 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 168,880 shares of the online travel company's stock after selling 12,998 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.13% of Expedia Group worth $31,467,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of EXPE. Transatlantique Private Wealth LLC raised its stake in shares of Expedia Group by 5.8% in the fourth quarter. Transatlantique Private Wealth LLC now owns 6,959 shares of the online travel company's stock valued at $1,297,000 after buying an additional 380 shares during the period. Natixis increased its holdings in Expedia Group by 9,987.1% in 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. Norinchukin Bank The raised its stake in Expedia Group by 15.2% in the 4th quarter. Norinchukin Bank The now owns 6,479 shares of the online travel company's stock valued at $1,207,000 after acquiring an additional 857 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Expedia Group by 704.9% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 75,241 shares of the online travel company's stock valued at $14,020,000 after purchasing an additional 65,893 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Expedia Group by 6.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,176,669 shares of the online travel company's stock valued at $219,255,000 after purchasing an additional 71,795 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 7th. Argus boosted their target price on shares of Expedia Group from $210.00 to $220.00 and gave the company a "buy" rating in a report on Friday, January 10th. Citigroup raised their price target on Expedia Group from $200.00 to $217.00 and gave the stock a "neutral" rating in a report on Tuesday, February 11th. Cantor Fitzgerald reiterated a "neutral" rating and set a $210.00 price objective (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, BMO Capital Markets raised 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. Nineteen analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $190.18.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction dated 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 transaction, the insider now owns 74,502 shares in the company, valued at $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 available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now owns 158,505 shares of the company's stock, valued at approximately $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 currently owned by corporate insiders.

Expedia Group Trading Up 0.4 %

Shares of EXPE traded up $0.56 during trading hours on Friday, hitting $160.11. The company had a trading volume of 1,020,656 shares, compared to its average volume of 2,009,610. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The stock's 50 day moving average price is $168.91 and its 200 day moving average price is $175.13. The firm has a market cap of $20.63 billion, a P/E ratio of 17.69, a P/E/G ratio of 0.92 and a beta of 1.65.

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

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued 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 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group's dividend payout ratio is currently 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.