Expedia Group, Inc. (NASDAQ:EXPE) Position Trimmed by Delphi Management Inc. MA

Delphi Management Inc. MA cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 13.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,423 shares of the online travel company’s stock after selling 1,450 shares during the quarter. Expedia Group makes up approximately 1.7% of Delphi Management Inc. MA’s portfolio, making the stock its 3rd largest holding. Delphi Management Inc. MA’s holdings in Expedia Group were worth $1,756,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. SRH Advisors LLC purchased a new position in Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust lifted its stake in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares in the last quarter. Brooklyn Investment Group purchased a new position in Expedia Group in the 3rd quarter worth approximately $51,000. EverSource Wealth Advisors LLC lifted its stake in Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after purchasing an additional 117 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $72,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction 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 sale, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % 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. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on EXPE. B. Riley reissued a “buy” rating and issued a $235.00 target price (up from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. The Goldman Sachs Group raised their target price on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. UBS Group reissued a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. Finally, Oppenheimer cut their price target on shares of Expedia Group from $235.00 to $230.00 and set an “outperform” rating for the company in a report on Monday. Nineteen equities research 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.43.

Expedia Group Stock Performance

Shares of EXPE stock opened at $166.36 on Tuesday. 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, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The stock has a market capitalization of $21.44 billion, a PE ratio of 18.38, a P/E/G ratio of 0.92 and a beta of 1.83. The firm has a 50 day moving average of $184.55 and a two-hundred day moving average of $172.08.

Expedia Group (NASDAQ:EXPE) last issued 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%. On average, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, March 6th. Expedia Group’s payout ratio is 17.68%.

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.