Dynasty Wealth Management LLC Lowers Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Dynasty Wealth Management LLC cut its position in Expedia Group, Inc. (NASDAQ:EXPE) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,077 shares of the online travel company’s stock after selling 102 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Expedia Group were worth $573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Greenleaf Trust lifted its position in Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after purchasing an additional 61 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after buying an additional 62 shares during the last quarter. Empirical Finance LLC raised 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 buying an additional 63 shares during the last quarter. UMB Bank n.a. raised its holdings 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 valued at $91,000 after buying an additional 63 shares during the last quarter. Finally, GHE LLC raised its stake in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after acquiring an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Morgan Stanley upped their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Oppenheimer upped their target price on Expedia Group from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Hsbc Global Res upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. Finally, JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Friday, February 7th. Nineteen research 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.64.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of EXPE opened at $197.96 on Friday. The business’s fifty day simple moving average is $187.15 and its two-hundred day simple moving average is $168.47. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 21.87, a P/E/G ratio of 0.92 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 EPS 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%. Research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share 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. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a yield of 0.81%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio (DPR) is currently 17.68%.

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.