Dover Advisors LLC Sells 505 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Dover Advisors LLC decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,160 shares of the online travel company’s stock after selling 505 shares during the period. Dover Advisors LLC’s holdings in Expedia Group were worth $1,520,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthspire Advisors LLC purchased a new stake in Expedia Group in the 4th quarter worth $229,000. Oxbow Advisors LLC lifted its position in shares of Expedia Group by 6.9% in the fourth quarter. Oxbow Advisors LLC now owns 36,941 shares of the online travel company’s stock worth $6,883,000 after buying an additional 2,374 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its stake in Expedia Group by 20.0% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 11,022 shares of the online travel company’s stock valued at $2,054,000 after buying an additional 1,839 shares during the last quarter. First Bank & Trust grew its holdings in Expedia Group by 9.7% during the 4th quarter. First Bank & Trust now owns 2,090 shares of the online travel company’s stock valued at $389,000 after buying an additional 185 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock worth $5,729,000 after acquiring an additional 4,656 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the business’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 transaction of $1,028,500.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,000 shares of company stock valued at $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of research reports. BTIG Research increased their target price on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. JPMorgan Chase & Co. boosted their target price on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Citigroup upped their price objective on Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. Finally, DA Davidson lifted their target price on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Stock Down 4.0 %

Shares of Expedia Group stock opened at $196.91 on Monday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market cap of $25.37 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 0.92 and a beta of 1.82. The firm’s 50-day moving average is $185.40 and its two-hundred day moving average is $166.51. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

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 analysts’ consensus estimates 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 earnings per share 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. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase 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 0.81%. Expedia Group’s dividend payout ratio (DPR) 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.