Argentarii LLC Takes $274,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Argentarii LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,469 shares of the online travel company’s stock, valued at approximately $274,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kendall Capital Management lifted its stake in shares of Expedia Group by 32.5% during the 4th quarter. Kendall Capital Management now owns 10,550 shares of the online travel company’s stock worth $1,966,000 after buying an additional 2,585 shares during the last quarter. Amundi lifted its stake in shares of Expedia Group by 15.3% during the 4th quarter. Amundi now owns 433,534 shares of the online travel company’s stock worth $79,172,000 after buying an additional 57,621 shares during the last quarter. AMF Tjanstepension AB acquired a new stake in shares of Expedia Group during the 4th quarter worth about $1,225,000. Banco Santander S.A. acquired a new stake in shares of Expedia Group during the 4th quarter worth about $257,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Expedia Group during the 4th quarter worth about $462,000. Institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on EXPE. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research note on Friday, February 7th. Barclays raised their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Citigroup lifted their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. Wedbush reiterated a “neutral” rating and issued a $215.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, UBS Group reiterated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. Nineteen investment 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’s stock. According to MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and an average target price of $192.64.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,577,900 in the last ninety days. 6.80% of the stock is currently owned by insiders.

Expedia Group Trading Up 0.1 %

Shares of Expedia Group stock opened at $184.33 on Monday. The firm has a market capitalization of $23.75 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm’s 50 day moving average is $187.09 and its 200 day moving average is $170.96. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (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%. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal 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 dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. This is a positive change 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%.

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.