Aire Advisors LLC Has $2.46 Million Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Aire Advisors LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 79.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 13,187 shares of the online travel company’s stock after buying an additional 5,828 shares during the quarter. Aire Advisors LLC’s holdings in Expedia Group were worth $2,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Handelsbanken Fonder AB raised its stake in Expedia Group by 17.8% in the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock valued at $5,729,000 after purchasing an additional 4,656 shares in the last quarter. Teamwork Financial Advisors LLC bought a new position in Expedia Group in the 4th quarter valued at about $1,791,000. Clare Market Investments LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at approximately $319,000. Nisa Investment Advisors LLC lifted its holdings in shares of Expedia Group by 17.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company’s stock worth $11,180,000 after acquiring an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $238,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Up 2.6 %

Expedia Group stock opened at $178.29 on Tuesday. The firm has a 50 day moving average price of $183.62 and a two-hundred day moving average price of $173.33. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The firm has a market cap of $22.97 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last issued its quarterly 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 predict 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 issued a $0.40 dividend. 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 yield of 0.90%. The ex-dividend date of this dividend is Thursday, March 6th. Expedia Group’s payout ratio is presently 17.68%.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value 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 $15,325,061.40. The trade was a 6.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wells Fargo & Company boosted their price objective on shares of Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. The Goldman Sachs Group lifted their price target on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, January 10th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price on the stock in a research report on Monday, January 6th. Finally, Robert W. Baird assumed coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus price target of $193.43.

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.