Seizert Capital Partners LLC Has $54.38 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Seizert Capital Partners LLC lowered its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 15.0% during the fourth quarter, HoldingsChannel reports. The fund owned 291,827 shares of the online travel company’s stock after selling 51,405 shares during the quarter. Expedia Group comprises about 2.5% of Seizert Capital Partners LLC’s portfolio, making the stock its 8th largest holding. Seizert Capital Partners LLC’s holdings in Expedia Group were worth $54,376,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Windacre Partnership LLC lifted its position in shares of Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its holdings in Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after acquiring an additional 596,510 shares during the period. Geode Capital Management LLC raised its position in shares of Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after acquiring an additional 20,005 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Expedia Group by 9.4% in 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 purchasing an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC boosted its position in shares of Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after purchasing an additional 498,934 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the subject of a number of research analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Wedbush reaffirmed a “neutral” rating and set a $215.00 target price (up from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. UBS Group reissued a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. The Goldman Sachs Group raised their price objective on shares of Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, Oppenheimer boosted their target price on shares of Expedia Group from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

Insider Activity

In related news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s 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 completion of the sale, the director now directly owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,000 shares of company stock valued at $4,577,900. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 2.5 %

Shares of NASDAQ EXPE opened at $188.70 on Wednesday. The stock has a market capitalization of $24.32 billion, a P/E ratio of 20.85, a PEG ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The firm’s 50 day simple moving average is $187.22 and its two-hundred day simple moving average is $169.85. 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 (NASDAQ:EXPE) last posted 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 return on equity of 52.41% and a net margin of 9.01%. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.40 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.85%. 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.