Expedia Group, Inc. (NASDAQ:EXPE) Holdings Increased by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 934.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,531 shares of the online travel company’s stock after acquiring an additional 4,093 shares during the period. Farther Finance Advisors LLC’s holdings in Expedia Group were worth $844,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXPE. Windacre Partnership LLC grew 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 worth $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Expedia Group by 22.5% in the 3rd 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 last quarter. Alkeon Capital Management LLC grew its stake in shares of Expedia Group by 46.3% in 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 purchasing an additional 498,934 shares during the last quarter. KBC Group NV grew its stake in shares of Expedia Group by 326.9% in the 4th quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after purchasing an additional 224,732 shares during the last quarter. Finally, 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 worth $250,078,000 after purchasing an additional 144,579 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on EXPE shares. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. BMO Capital Markets lifted their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research note on Monday, February 10th. Cantor Fitzgerald reissued a “neutral” rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Oppenheimer upped their price target on shares of Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Finally, Benchmark reaffirmed a “buy” rating and issued a $200.00 price objective 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 issued a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $193.61.

Expedia Group Price Performance

Shares of EXPE opened at $162.11 on Friday. The firm has a market cap of $20.89 billion, a PE ratio of 17.91, a PEG ratio of 0.92 and a beta of 1.82. The firm’s 50 day moving average price is $184.92 and its 200 day moving average price is $171.46. 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, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

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

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.99%. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio (DPR) is 17.68%.

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 that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock worth $4,577,900 over the last 90 days. Insiders own 6.80% of the company’s stock.

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.