Pinnacle Wealth Management Advisory Group LLC Acquires 712 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Pinnacle Wealth Management Advisory Group LLC increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 26.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,393 shares of the online travel company’s stock after purchasing an additional 712 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Expedia Group were worth $632,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in EXPE. Greenleaf Trust boosted its position in Expedia Group by 2.5% during the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after buying an additional 61 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 62 shares during the last quarter. Empirical Finance LLC boosted its holdings in Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares during the period. UMB Bank n.a. grew its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after acquiring an additional 63 shares during the last quarter. Finally, Venture Visionary Partners LLC increased its stake in Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after purchasing an additional 64 shares during the period. Institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of analyst reports. UBS Group increased their price objective on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. Susquehanna upped their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Baird R W raised Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, HSBC raised Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a research report on Friday, February 7th. 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 company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $192.64.

Expedia Group Trading Down 0.4 %

Shares of EXPE stock opened at $202.38 on Monday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a fifty day simple moving average of $183.82 and a two-hundred day simple moving average of $163.19. The firm has a market capitalization of $25.98 billion, a PE ratio of 22.36, a PEG ratio of 0.82 and a beta of 1.82. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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 55.42% and a net margin of 9.01%. On average, analysts predict that Expedia Group, Inc. will post 10.75 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is 17.68%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 158,505 shares of the company’s stock, 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 quarter, insiders sold 21,951 shares of company stock worth $3,900,580. 6.80% of the stock is owned by insiders.

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.