29,663 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 29,663 shares of the online travel company’s stock, valued at approximately $5,527,000.

Several other institutional investors have also added to or reduced their stakes in EXPE. Blackhawk Capital Partners LLC. raised its stake in shares of Expedia Group by 48.4% during the fourth quarter. Blackhawk Capital Partners LLC. now owns 13,396 shares of the online travel company’s stock valued at $2,496,000 after acquiring an additional 4,368 shares during the last quarter. Impax Asset Management Group plc increased its holdings in Expedia Group by 104.7% during the 4th quarter. Impax Asset Management Group plc now owns 40,756 shares of the online travel company’s stock valued at $7,594,000 after purchasing an additional 20,844 shares during the period. IFP Advisors Inc raised its position in Expedia Group by 6.8% during the 4th quarter. IFP Advisors Inc now owns 2,139 shares of the online travel company’s stock valued at $398,000 after purchasing an additional 137 shares during the last quarter. Wealthspire Advisors LLC purchased a new stake in Expedia Group in the 4th quarter worth approximately $229,000. Finally, Oxbow Advisors LLC grew its position in shares of Expedia Group by 6.9% in the 4th quarter. Oxbow Advisors LLC now owns 36,941 shares of the online travel company’s stock worth $6,883,000 after buying an additional 2,374 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $199.54 on Thursday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $25.71 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 0.92 and a beta of 1.82. The stock has a 50-day moving average of $186.60 and a 200 day moving average of $167.80. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73.

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 the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.80%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio (DPR) is 17.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on EXPE shares. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. BTIG Research upped their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. B. Riley reiterated a “buy” rating and set a $235.00 price target (up previously from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction 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 sale, the director now directly owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock valued at $4,577,900 in the last ninety days. Corporate insiders own 6.80% of the company’s stock.

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.