541 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Stelac Advisory Services LLC

Stelac Advisory Services LLC bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 541 shares of the online travel company’s stock, valued at approximately $101,000.

Several other institutional investors and hedge funds have also bought and sold shares of EXPE. SRH Advisors LLC bought a new position in Expedia Group during the fourth quarter worth $28,000. Grove Bank & Trust boosted its stake in 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 acquiring an additional 142 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in Expedia Group during the third quarter worth $51,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after acquiring an additional 117 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on EXPE. Robert W. Baird began coverage on shares of Expedia Group in a report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective on the stock. Truist Financial upped their price objective on shares of Expedia Group from $163.00 to $175.00 and gave the stock a “hold” rating in a report on Wednesday. Morgan Stanley upped their price objective on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Wedbush restated a “neutral” rating and set a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Finally, JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.61.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $162.52 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm has a market capitalization of $20.94 billion, a PE ratio of 17.96, a P/E/G ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The company has a 50-day moving average price of $185.96 and a two-hundred day moving average price of $171.38.

Expedia Group (NASDAQ:EXPE) last issued its earnings results 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 return on equity of 52.41% and a net margin of 9.01%. Equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date 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 (DPR) is currently 17.68%.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’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 of the company’s stock, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $4,577,900 over the last quarter. 6.80% of the stock is currently owned by company insiders.

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.