Todd Asset Management LLC Has $29.86 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Todd Asset Management LLC lessened its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 160,250 shares of the online travel company’s stock after selling 12,437 shares during the period. Todd Asset Management LLC owned approximately 0.12% of Expedia Group worth $29,859,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EXPE. Windacre Partnership LLC lifted its stake in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after buying an additional 1,431,500 shares during the period. Pacer Advisors Inc. increased 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 valued at $481,170,000 after purchasing an additional 596,510 shares in the last quarter. Alkeon Capital Management LLC raised its holdings in shares of Expedia Group by 46.3% in the third 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 last quarter. KBC Group NV lifted its position in shares of Expedia Group by 326.9% during the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after purchasing an additional 224,732 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position 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 purchasing an additional 144,579 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $199.97 on Tuesday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a 50 day moving average of $185.75 and a 200-day moving average of $167.08. 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 has a market capitalization of $25.77 billion, a P/E ratio of 22.10, a P/E/G ratio of 0.92 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data 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, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.80%. 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. Expedia Group’s payout ratio is presently 17.68%.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,000 shares of company stock worth $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on EXPE shares. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group increased their price target on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, BTIG Research upped their price objective on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.64.

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.