Todd Asset Management LLC Has $29.86 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Todd Asset Management LLC lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 160,250 shares of the online travel company’s stock after selling 12,437 shares during the period. Todd Asset Management LLC’s holdings in Expedia Group were worth $29,859,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EXPE. Windacre Partnership LLC raised its stake in shares of Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after acquiring an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after buying an additional 596,510 shares in the last quarter. Geode Capital Management LLC grew its holdings in Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after purchasing an additional 20,005 shares during the period. Fisher Asset Management LLC grew its stake in shares of Expedia Group by 9.4% in the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after buying an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC raised its stake in Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after buying an additional 498,934 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the 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 transaction, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group 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 transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. DA Davidson boosted their price objective on Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Wells Fargo & Company raised their price objective on shares of Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, January 10th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Friday, February 7th. Finally, Barclays boosted their price target on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Nineteen 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.64.

Expedia Group Stock Up 1.6 %

EXPE stock opened at $199.97 on Tuesday. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The stock has a market cap of $25.77 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. 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’s 50 day moving average is $185.75 and its 200 day moving average is $167.08.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data 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 net margin of 9.01% and a return on equity of 52.41%. Sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Thursday, March 6th. Expedia Group’s dividend payout ratio is presently 17.68%.

Expedia Group 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.