Bristlecone Advisors LLC Purchases Shares of 1,597 Expedia Group, Inc. (NASDAQ:EXPE)

Bristlecone Advisors LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,597 shares of the online travel company’s stock, valued at approximately $298,000.

A number of other large investors have also added to or reduced their stakes in EXPE. Grove Bank & Trust raised its position in Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new position in shares of Expedia Group in the third quarter worth about $51,000. Golden State Wealth Management LLC purchased a new position in shares of Expedia Group in the fourth quarter worth about $72,000. Finally, UMB Bank n.a. increased its holdings in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after buying an additional 63 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $203.00 on Tuesday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The firm has a market cap of $26.06 billion, a P/E ratio of 22.43, a PEG ratio of 0.82 and a beta of 1.82. The company has a 50 day moving average of $182.42 and a 200 day moving average of $160.81. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. As a group, research analysts expect that Expedia Group, Inc. will post 10.75 EPS for the current fiscal 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 issued a $0.40 dividend. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 6th.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. B. Riley reiterated a “buy” rating and issued a $235.00 price objective (up previously from $220.00) on shares of Expedia Group in a report on Friday. BMO Capital Markets raised their target price on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research note on Monday. Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price on the stock in a research note on Monday, January 6th. StockNews.com cut Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research note on Friday. Nineteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and an average target price of $190.07.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock worth $5,174,510 in the last three months. Insiders own 6.80% of the company’s stock.

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.