Expedia Group, Inc. $EXPE Holdings Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its stake in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 14.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,250 shares of the online travel company’s stock after selling 6,518 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $11,120,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CI Investments Inc. lifted its position in Expedia Group by 1,735.0% in the third quarter. CI Investments Inc. now owns 42,223 shares of the online travel company’s stock worth $9,025,000 after purchasing an additional 39,922 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of Expedia Group during the 3rd quarter valued at $1,063,000. Convergence Investment Partners LLC bought a new stake in shares of Expedia Group in the 3rd quarter worth $1,001,000. Railway Pension Investments Ltd raised its stake in shares of Expedia Group by 19.6% in the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after buying an additional 18,900 shares in the last quarter. Finally, Savant Capital LLC lifted its holdings in shares of Expedia Group by 13.9% in the third quarter. Savant Capital LLC now owns 39,700 shares of the online travel company’s stock valued at $8,486,000 after buying an additional 4,853 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group News Summary

Here are the key news stories impacting Expedia Group this week:

Expedia Group Stock Down 1.4%

Shares of Expedia Group stock opened at $227.67 on Thursday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80. The firm has a market capitalization of $27.90 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 0.72 and a beta of 1.33. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.75. The stock’s fifty day moving average is $233.07 and its 200-day moving average is $244.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. The business had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.41 billion. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.Expedia Group’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the company posted $2.39 EPS. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.48 dividend. The ex-dividend date was Thursday, March 5th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio is 19.49%.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of Expedia Group stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 9.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXPE. B. Riley Financial raised their target price on Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Sanford C. Bernstein cut their price target on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a report on Wednesday, March 11th. Cantor Fitzgerald set a $245.00 price objective on shares of Expedia Group in a research report on Friday, February 13th. BMO Capital Markets lifted their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. Fourteen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $282.65.

View Our Latest Report on EXPE

Expedia Group Company Profile

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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