Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Bank of Marin

Bank of Marin decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,888 shares of the online travel company’s stock after selling 89 shares during the quarter. Bank of Marin’s holdings in Expedia Group were worth $352,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC boosted its stake in shares of Expedia Group by 16.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,485 shares of the online travel company’s stock valued at $368,000 after buying an additional 356 shares during the period. CIBC Asset Management Inc increased its holdings in shares of Expedia Group by 6.8% during the 3rd quarter. CIBC Asset Management Inc now owns 18,355 shares of the online travel company’s stock worth $2,717,000 after purchasing an additional 1,163 shares during the period. Natixis Advisors LLC boosted its position in shares of Expedia Group by 21.3% during the 3rd quarter. Natixis Advisors LLC now owns 80,869 shares of the online travel company’s stock valued at $11,971,000 after acquiring an additional 14,177 shares in the last quarter. Quest Partners LLC acquired a new position in Expedia Group in the third quarter valued at about $245,000. Finally, LMR Partners LLP lifted its position in shares of Expedia Group by 26.2% during the third quarter. LMR Partners LLP now owns 2,270 shares of the online travel company’s stock worth $336,000 after purchasing an additional 471 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Down 0.7 %

Expedia Group stock opened at $165.16 on Wednesday. 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 stock has a 50 day moving average of $184.20 and a two-hundred day moving average of $172.26. The stock has a market capitalization of $21.28 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

Expedia Group (NASDAQ:EXPE) last released 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%. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, March 6th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. Expedia Group’s dividend payout ratio is 17.68%.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction on 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 approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. 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 stock in a transaction 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 transaction, 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 sold 25,000 shares of company stock valued at $4,577,900 in the last three months. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

EXPE has been the topic of several analyst reports. Barclays increased their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Wells Fargo & Company lifted their price objective on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. 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 stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Company 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.