2,520 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by BayBridge Capital Group LLC

BayBridge Capital Group LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,520 shares of the online travel company’s stock, valued at approximately $470,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in shares of Expedia Group during the 2nd quarter worth about $1,159,000. Park Avenue Securities LLC lifted its position in Expedia Group by 11.7% during the third quarter. Park Avenue Securities LLC now owns 2,864 shares of the online travel company’s stock valued at $424,000 after buying an additional 300 shares in the last quarter. Czech National Bank grew its stake in Expedia Group by 5.0% during the third quarter. Czech National Bank now owns 25,393 shares of the online travel company’s stock worth $3,759,000 after buying an additional 1,202 shares during the period. GAMMA Investing LLC increased its position in shares of Expedia Group by 54.9% in the third quarter. GAMMA Investing LLC now owns 1,451 shares of the online travel company’s stock worth $215,000 after acquiring an additional 514 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Expedia Group by 12.1% in the 3rd quarter. CWM LLC now owns 7,865 shares of the online travel company’s stock valued at $1,164,000 after acquiring an additional 849 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the subject of several recent research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $210.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a report on Friday. Barclays upped their price target on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a report on Friday. Robert W. Baird began coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective on the stock. Finally, Morgan Stanley boosted their target price on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Nineteen research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $187.93.

Expedia Group Stock Performance

Shares of EXPE stock opened at $202.37 on Friday. The company has a market cap of $25.97 billion, a P/E ratio of 26.05, a PEG ratio of 0.77 and a beta of 1.82. The business has a 50 day moving average of $182.07 and a two-hundred day moving average of $159.92. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $205.12. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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 net margin of 7.97% and a return on equity of 49.25%. As a group, analysts anticipate that Expedia Group, Inc. will post 8.76 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors 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 0.79%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock worth $5,174,510 in the last ninety days. 6.80% of the stock is owned by insiders.

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.