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

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

Other hedge funds and other institutional investors also recently modified their holdings of the company. SRH Advisors LLC bought a new stake in Expedia Group in the fourth quarter valued at approximately $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust raised its stake in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 142 shares during the period. Prudent Man Investment Management Inc. acquired a new stake in Expedia Group during the 4th quarter valued at $34,000. Finally, EverSource Wealth Advisors LLC boosted its position 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 purchasing an additional 117 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 6.9 %

Shares of NASDAQ:EXPE opened at $141.86 on Monday. The firm has a market cap of $18.28 billion, a P/E ratio of 15.68, a PEG ratio of 0.92 and a beta of 1.65. The business’s 50 day simple moving average is $180.61 and its two-hundred day simple moving average is $175.28. 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.

Expedia Group (NASDAQ:EXPE) last announced its 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%. As a group, research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced 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 annualized dividend and a yield of 1.13%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 6th. Expedia Group’s payout ratio is presently 17.68%.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated 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 $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. HSBC raised Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a report on Friday, February 7th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th. UBS Group reissued a “neutral” rating on shares of Expedia Group in a report on Tuesday, February 4th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $210.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $193.43.

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.