Expedia Group (NASDAQ:EXPE) Price Target Raised to $205.00

Expedia Group (NASDAQ:EXPE) had its price target boosted by Susquehanna from $190.00 to $205.00 in a research report released on Monday,Benzinga reports. Susquehanna currently has a neutral rating on the online travel company’s stock.

A number of other equities research analysts have also weighed in on EXPE. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. DA Davidson lifted their price target on Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Barclays raised their target price on Expedia Group from $166.00 to $187.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, B. Riley reaffirmed a “buy” rating and set a $235.00 price target (up from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Nineteen analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $192.64.

Expedia Group Price Performance

Expedia Group stock opened at $202.61 on Monday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The business has a 50 day simple moving average of $183.05 and a 200-day simple moving average of $161.87. Expedia Group has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a market capitalization of $26.00 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data 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 55.42% and a net margin of 9.01%. Equities analysts predict that Expedia Group will post 10.75 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.79%.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 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. Insiders sold a total of 21,951 shares of company stock valued at $3,900,580 over the last quarter. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Several institutional investors have recently made changes to their positions in EXPE. SRH Advisors LLC acquired a new position in Expedia Group in the fourth quarter valued at $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group in the 4th quarter worth about $28,000. Grove Bank & Trust lifted its stake in shares of Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Prudent Man Investment Management Inc. purchased a new stake in shares of Expedia Group during the 4th quarter worth about $34,000. Finally, EverSource Wealth Advisors LLC increased its position in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after purchasing an additional 117 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.