1,950 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Polymer Capital Management HK LTD

Polymer Capital Management HK LTD acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 1,950 shares of the online travel company’s stock, valued at approximately $363,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. SRH Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group in the 4th quarter valued at $28,000. Grove Bank & Trust grew its position in shares of 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 buying an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. purchased a new stake in Expedia Group during the fourth quarter valued at approximately $34,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after purchasing an additional 117 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $141.86 on Monday. The company’s 50-day moving average is $180.61 and its two-hundred day moving average is $175.28. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. 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 firm has a market capitalization of $18.28 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 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%. Analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. Expedia Group’s dividend payout ratio (DPR) is presently 17.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. B. Riley restated a “buy” rating and set a $235.00 price target (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Wedbush reissued a “neutral” rating and issued a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 15th. Susquehanna increased their price target on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. Finally, Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $193.43.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value 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. The trade was a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the 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 transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by insiders.

About Expedia Group

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.