Farther Finance Advisors LLC Raises Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Farther Finance Advisors LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 934.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,531 shares of the online travel company’s stock after acquiring an additional 4,093 shares during the period. Farther Finance Advisors LLC’s holdings in Expedia Group were worth $844,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Handelsbanken Fonder AB raised its stake in shares of Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock valued at $5,729,000 after acquiring an additional 4,656 shares during the period. Caprock Group LLC raised its stake in shares of Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after acquiring an additional 2,569 shares during the period. Teamwork Financial Advisors LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at $1,791,000. Integrated Investment Consultants LLC purchased a new position in shares of Expedia Group in the 3rd quarter valued at $527,000. Finally, Clare Market Investments LLC acquired a new stake in Expedia Group during the 4th quarter valued at $319,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The shares were 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 trade represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s 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 sale, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock worth $4,577,900 in the last ninety days. 6.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent analyst reports. HSBC raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a report on Friday, February 7th. B. Riley reaffirmed a “buy” rating and set a $235.00 price target (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. The Goldman Sachs Group raised their price target on shares of Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a report on Friday, January 10th. BMO Capital Markets raised their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a report on Monday, February 10th. Finally, Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of Expedia Group in a report on Tuesday, February 4th. Nineteen analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $193.61.

Expedia Group Trading Up 3.2 %

Shares of NASDAQ:EXPE opened at $162.11 on Friday. The company has a market cap of $20.89 billion, a PE ratio of 17.91, a P/E/G ratio of 0.92 and a beta of 1.82. The company’s 50-day moving average price is $184.92 and its 200 day moving average price is $171.46. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data 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%. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a $0.40 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.99%. Expedia Group’s dividend payout ratio (DPR) is currently 17.68%.

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.