Blackhawk Capital Partners LLC. Boosts Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Blackhawk Capital Partners LLC. lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 48.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,396 shares of the online travel company’s stock after purchasing an additional 4,368 shares during the period. Expedia Group comprises about 1.3% of Blackhawk Capital Partners LLC.’s holdings, making the stock its 22nd largest holding. Blackhawk Capital Partners LLC.’s holdings in Expedia Group were worth $2,496,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. SRH Advisors LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust increased its stake in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after buying an additional 142 shares during the period. Venturi Wealth Management LLC raised its holdings in Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group purchased a new position in Expedia Group in the third quarter worth approximately $51,000. Finally, Golden State Wealth Management LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $72,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Up 1.6 %

Shares of Expedia Group stock opened at $199.97 on Tuesday. The firm 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. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company’s 50-day simple moving average is $185.75 and its 200-day simple moving average is $167.08. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

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

Expedia Group Increases Dividend

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on EXPE. BMO Capital Markets raised their price objective on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a report on Monday, February 10th. BTIG Research lifted their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. DA Davidson increased 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. Robert W. Baird started coverage on Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price on the stock. Finally, Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.64.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group 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 sale, 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is owned by corporate insiders.

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.