Stelac Advisory Services LLC Buys New Position in Expedia Group, Inc. (NASDAQ:EXPE)

Stelac Advisory Services LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 541 shares of the online travel company’s stock, valued at approximately $101,000.

Several other large investors have also recently made changes to their positions in the business. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Expedia Group by 59.5% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 53,152 shares of the online travel company’s stock worth $9,914,000 after acquiring an additional 19,836 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Expedia Group by 934.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,531 shares of the online travel company’s stock worth $844,000 after acquiring an additional 4,093 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 117 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Expedia Group by 43.0% during the fourth quarter. HighTower Advisors LLC now owns 69,596 shares of the online travel company’s stock worth $12,968,000 after acquiring an additional 20,925 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its stake in shares of Expedia Group by 1,632.1% during the fourth quarter. Wealthfront Advisers LLC now owns 104,653 shares of the online travel company’s stock worth $19,500,000 after acquiring an additional 98,611 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of EXPE stock opened at $162.52 on Thursday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a market cap of $20.94 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. 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 company’s fifty day moving average price is $185.96 and its 200-day moving average price is $171.38.

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 analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, equities analysts expect 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 will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.40 dividend. This is a positive change 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 yield of 0.98%. Expedia Group’s payout ratio is 17.68%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Robert W. Baird assumed coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price target on the stock. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. Susquehanna lifted their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. Finally, Wells Fargo & Company lifted their target price 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. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Moderate Buy” and a consensus target price of $193.61.

About Expedia Group

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.