BOKF NA lowered its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 43.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,105 shares of the online travel company's stock after selling 13,826 shares during the period. BOKF NA's holdings in Expedia Group were worth $3,263,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. SRH Advisors LLC purchased a new stake in Expedia Group in the 4th quarter worth $28,000. Sava Infond d.o.o. purchased a new position in Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after buying an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. purchased a new stake in Expedia Group during the 4th quarter worth approximately $34,000. Finally, Optiver Holding B.V. acquired a new stake in Expedia Group during the 4th quarter worth $38,000. Institutional investors and hedge funds own 90.76% of the company's stock.
Expedia Group Price Performance
EXPE stock traded up $4.52 during midday trading on Tuesday, hitting $171.77. 860,505 shares of the stock were exchanged, compared to its average volume of 1,935,313. 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 debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The stock's 50-day moving average price is $161.22 and its 200-day moving average price is $175.92. The stock has a market cap of $22.13 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 0.92 and a beta of 1.62.
Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The business's revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 EPS. Research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.
Expedia Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Thursday, May 29th. Expedia Group's payout ratio is currently 18.87%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on EXPE shares. JPMorgan Chase & Co. cut their price target on Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. UBS Group lowered their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. Truist Financial upped their target price on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research note on Wednesday, March 12th. Barclays upped their target price on shares of Expedia Group from $187.00 to $190.00 and gave the stock an "equal weight" rating in a research note on Friday. Finally, Wells Fargo & Company lifted their price target on Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $187.88.
Check Out Our Latest Research Report on Expedia Group
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. 6.80% of the stock is owned by insiders.
Expedia Group Profile
(
Free Report)
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.
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