UMB Bank n.a. boosted its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 14.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 558 shares of the online travel company’s stock after buying an additional 69 shares during the quarter. UMB Bank n.a.’s holdings in Expedia Group were worth $94,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Brighton Jones LLC acquired a new position in Expedia Group in the 4th quarter valued at $408,000. Stratos Wealth Partners LTD. acquired a new position in Expedia Group in the 4th quarter valued at $205,000. Apollon Wealth Management LLC acquired a new position in Expedia Group in the 4th quarter valued at $213,000. Savant Capital LLC boosted its holdings in Expedia Group by 269.7% in the 4th quarter. Savant Capital LLC now owns 6,596 shares of the online travel company’s stock valued at $1,229,000 after purchasing an additional 4,812 shares during the period. Finally, Certuity LLC bought a new stake in Expedia Group in the 4th quarter valued at $342,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
EXPE has been the subject of a number of research reports. Susquehanna reduced their price target on shares of Expedia Group from $205.00 to $175.00 and set a “neutral” rating for the company in a report on Monday, May 12th. Cantor Fitzgerald reissued a “neutral” rating and issued a $170.00 price target on shares of Expedia Group in a report on Thursday, May 15th. Benchmark reduced their price target on shares of Expedia Group from $225.00 to $215.00 and set a “buy” rating for the company in a report on Friday, May 9th. JPMorgan Chase & Co. reduced their price target on shares of Expedia Group from $205.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Finally, Barclays increased their price target on shares of Expedia Group from $187.00 to $190.00 and gave the company an “equal weight” rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Expedia Group presently has an average rating of “Moderate Buy” and a consensus target price of $186.35.
Expedia Group Trading Down 0.9%
Shares of Expedia Group stock opened at $171.70 on Friday. The stock has a market capitalization of $21.83 billion, a P/E ratio of 18.97, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59. 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 company has a 50-day simple moving average of $161.38 and a 200 day simple moving average of $174.92. Expedia Group, Inc. has a 12-month low of $110.20 and a 12-month high of $207.73.
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 firm 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 company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 EPS. Research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.
Expedia Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group’s dividend payout ratio (DPR) is currently 18.87%.
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.
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