Expedia Group, Inc. (NASDAQ:EXPE) Stock Position Lifted by Aire Advisors LLC

Aire Advisors LLC lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 79.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,187 shares of the online travel company’s stock after acquiring 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.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Windacre Partnership LLC grew its position in Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after acquiring an additional 1,431,500 shares in the last quarter. Alkeon Capital Management LLC increased its position in Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after buying an additional 498,934 shares during the last quarter. KBC Group NV lifted its position in shares of Expedia Group by 326.9% in the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after buying an additional 224,732 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Expedia Group by 193.3% during the 4th quarter. Teacher Retirement System of Texas now owns 340,171 shares of the online travel company’s stock worth $63,384,000 after acquiring an additional 224,182 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in shares of Expedia Group by 9.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after acquiring an additional 144,579 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Trading Up 2.6 %

Shares of NASDAQ:EXPE opened at $178.29 on Tuesday. The stock has a market capitalization of $22.97 billion, a PE ratio of 19.70, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company’s 50-day moving average price is $183.62 and its two-hundred day moving average price is $173.33. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. 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 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, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.90%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is presently 17.68%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on EXPE shares. Oppenheimer decreased their target price on Expedia Group from $235.00 to $230.00 and set an “outperform” rating for the company in a research report on Monday, March 17th. Morgan Stanley raised their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. Finally, BMO Capital Markets boosted their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a report on Monday, February 10th. Nineteen 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $193.43.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were 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 of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares of the company’s stock, valued at $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock worth $4,577,900 over the last quarter. 6.80% of the stock is currently owned by 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.