Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 18,236 shares of the online travel company’s stock after buying an additional 926 shares during the period. Daiwa Securities Group Inc.’s holdings in Expedia Group were worth $3,398,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Windacre Partnership LLC lifted its stake in shares of Expedia Group by 49.5% during 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. lifted its position in Expedia Group by 22.5% during the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after buying an additional 596,510 shares during the period. Geode Capital Management LLC lifted its position in Expedia Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after buying an additional 20,005 shares during the period. Fisher Asset Management LLC boosted its stake in 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 worth $250,078,000 after buying an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC grew its holdings in Expedia Group by 46.3% in 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 buying an additional 498,934 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE stock opened at $157.11 on Friday. The firm has a fifty day moving average of $185.40 and a two-hundred day moving average of $171.29. The firm has a market cap of $20.24 billion, a P/E ratio of 17.36, a P/E/G ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. 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 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%. As a group, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.02%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is 17.68%.

Analyst Ratings Changes

EXPE has been the topic of several recent analyst reports. Citigroup increased their price objective on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Morgan Stanley lifted their price target on shares of Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a report on Friday, February 7th. Truist Financial lifted their target price on Expedia Group from $163.00 to $175.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $193.61.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction 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 completion of the sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction, the director now owns 158,505 shares in the company, valued at approximately $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. In the last ninety days, insiders have sold 25,000 shares of company stock valued at $4,577,900. Corporate insiders own 6.80% of the company’s stock.

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.