Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,801 shares of the online travel company’s stock after acquiring an additional 76 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Expedia Group were worth $7,043,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EXPE. Norges Bank acquired a new position in Expedia Group during the fourth quarter valued at $670,565,000. Windacre Partnership LLC boosted its position in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after purchasing an additional 1,431,500 shares in the last quarter. KBC Group NV increased its holdings in shares of Expedia Group by 326.9% during the 4th quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock valued at $54,685,000 after purchasing an additional 224,732 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Expedia Group by 193.3% during the fourth quarter. Teacher Retirement System of Texas now owns 340,171 shares of the online travel company’s stock worth $63,384,000 after buying an additional 224,182 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its position in Expedia Group by 1,632.1% during the fourth quarter. Wealthfront Advisers LLC now owns 104,653 shares of the online travel company’s stock valued at $19,500,000 after buying an additional 98,611 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction 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 completion of the sale, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EXPE shares. B. Riley restated a “buy” rating and set a $235.00 target price (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of Expedia Group in a research note on Tuesday, February 4th. The Goldman Sachs Group boosted their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Truist Financial increased their price objective on shares of Expedia Group from $163.00 to $175.00 and gave the company a “hold” rating in a report on Wednesday, March 12th. Finally, Citigroup boosted their target price on shares of Expedia Group from $200.00 to $217.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 11th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Stock Performance

EXPE opened at $168.10 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm has a market cap of $21.66 billion, a P/E ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The business has a fifty day simple moving average of $182.07 and a 200-day simple moving average of $174.72.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results 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 return on equity of 52.41% and a net margin of 9.01%. On average, equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio (DPR) is currently 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.