Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Cibc World Markets Corp

Cibc World Markets Corp raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 14.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,448 shares of the online travel company’s stock after purchasing an additional 2,437 shares during the period. Cibc World Markets Corp’s holdings in Expedia Group were worth $3,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of EXPE. OneDigital Investment Advisors LLC raised its position in Expedia Group by 16.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,485 shares of the online travel company’s stock valued at $368,000 after purchasing an additional 356 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Expedia Group by 21.3% during the 3rd quarter. Natixis Advisors LLC now owns 80,869 shares of the online travel company’s stock worth $11,971,000 after acquiring an additional 14,177 shares in the last quarter. Quest Partners LLC acquired a new stake in shares of Expedia Group during the 3rd quarter worth about $245,000. LMR Partners LLP raised its position in shares of Expedia Group by 26.2% during the 3rd quarter. LMR Partners LLP now owns 2,270 shares of the online travel company’s stock worth $336,000 after acquiring an additional 471 shares in the last quarter. Finally, Pathstone Holdings LLC raised its position in shares of Expedia Group by 2.0% during the 3rd quarter. Pathstone Holdings LLC now owns 9,802 shares of the online travel company’s stock worth $1,451,000 after acquiring an additional 195 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on 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 sale, the director now owns 158,505 shares in the company, valued at $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. Over the last 90 days, insiders have sold 25,000 shares of company stock valued at $4,577,900. Insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several research analyst reports. BMO Capital Markets raised their target price on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research report on Monday, February 10th. UBS Group reissued a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. Susquehanna raised their target price on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. DA Davidson raised their target price on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Finally, Hsbc Global Res raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. Nineteen research 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’s stock. Based on data from MarketBeat, Expedia Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Trading Up 0.4 %

Shares of EXPE stock opened at $173.09 on Friday. The business’s fifty day moving average price is $183.81 and its 200 day moving average price is $172.27. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The firm has a market capitalization of $22.30 billion, a PE ratio of 19.13, a P/E/G ratio of 0.92 and a beta of 1.83. 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 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.40 dividend. This is a positive change 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 yield of 0.92%. Expedia Group’s dividend payout ratio is 17.68%.

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.