Empirical Finance LLC Has $874,000 Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Empirical Finance LLC lessened its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,693 shares of the online travel company’s stock after selling 61 shares during the quarter. Empirical Finance LLC’s holdings in Expedia Group were worth $874,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Caprock Group LLC lifted its holdings in shares of Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares during the period. Teamwork Financial Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth about $1,791,000. Cozad Asset Management Inc. grew its position in shares of Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after buying an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares during the period. Finally, Integrated Investment Consultants LLC bought a new position in shares of Expedia Group during the third quarter worth about $527,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $5,174,510 over the last three months. Corporate insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Susquehanna increased their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research report on Monday. Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a research report on Monday, January 6th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Friday. Wedbush reiterated a “neutral” rating and set a $215.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday. Finally, Baird R W raised Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Nineteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $190.07.

Expedia Group Trading Up 0.3 %

NASDAQ EXPE opened at $203.00 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The business has a fifty day simple moving average of $182.42 and a 200 day simple moving average of $160.81. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The firm has a market capitalization of $26.06 billion, a P/E ratio of 22.43, a PEG ratio of 0.82 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last announced its 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 55.42%. On average, analysts predict that Expedia Group, Inc. will post 10.75 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34.

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.