Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 48.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,396 shares of the online travel company’s stock after purchasing an additional 4,368 shares during the period. Expedia Group makes up approximately 1.3% of Blackhawk Capital Partners LLC.’s portfolio, making the stock its 22nd biggest holding. Blackhawk Capital Partners LLC.’s holdings in Expedia Group were worth $2,496,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. SRH Advisors LLC acquired a new stake in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust grew its stake in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Venturi Wealth Management LLC grew its stake in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the period. Brooklyn Investment Group purchased a new position in shares of Expedia Group during the 3rd quarter valued at approximately $51,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $72,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 1.6 %

Shares of NASDAQ EXPE opened at $199.97 on Tuesday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. 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. The company has a 50 day simple moving average of $185.75 and a 200-day simple moving average of $167.08. 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 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 net margin of 9.01% and a return on equity of 52.41%. On average, equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business 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. The ex-dividend date is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.80%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio is presently 17.68%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Monday, February 3rd. The shares were 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 directly owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $4,577,900 over the last 90 days. 6.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXPE. HSBC raised shares of 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. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Barclays increased their price target on Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. The Goldman Sachs Group boosted their price objective on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, Oppenheimer increased their target price on Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Nineteen investment 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Company 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.