Commerzbank Aktiengesellschaft FI Has $613,000 Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Commerzbank Aktiengesellschaft FI grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,282 shares of the online travel company’s stock after buying an additional 130 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Expedia Group were worth $613,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Windacre Partnership LLC increased its stake in shares of Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after buying an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its stake in shares of Expedia Group by 22.5% during the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after purchasing an additional 596,510 shares during the period. Geode Capital Management LLC grew its stake in shares of Expedia Group by 0.6% during 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% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after purchasing an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC grew its stake in shares of Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after purchasing an additional 498,934 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s 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 sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock worth $4,577,900 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

EXPE opened at $188.70 on Wednesday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The firm has a market capitalization of $24.32 billion, a PE ratio of 20.85, a PEG ratio of 0.92 and a beta of 1.82. 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 business’s 50-day simple moving average is $187.22 and its 200 day simple moving average is $169.85.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) 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%. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.40 dividend. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.85%. Expedia Group’s dividend payout ratio is currently 17.68%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EXPE. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a research note on Monday, January 6th. Finally, UBS Group reissued a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. 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 company. According to data from MarketBeat, Expedia Group has an average rating of “Moderate Buy” and an average target price of $192.64.

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.