Regal Investment Advisors LLC Decreases Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Regal Investment Advisors LLC reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,600 shares of the online travel company’s stock after selling 3,780 shares during the period. Regal Investment Advisors LLC’s holdings in Expedia Group were worth $5,702,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in EXPE. SRH Advisors LLC acquired a new position in Expedia Group during the fourth quarter worth $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group during the 4th quarter worth $28,000. Grove Bank & Trust boosted its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 142 shares during the last quarter. Prudent Man Investment Management Inc. purchased a new stake in shares of Expedia Group in the fourth quarter valued at about $34,000. Finally, EverSource Wealth Advisors LLC increased its position in Expedia Group by 75.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after purchasing an additional 117 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. DA Davidson boosted their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Susquehanna upped their price objective on Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Monday, February 10th. Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. Oppenheimer reduced their target price on Expedia Group from $235.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, March 17th. Finally, Melius upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a report on Monday, January 6th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Moderate Buy” and an average price target of $191.43.

Insider Transactions at Expedia Group

In other Expedia Group news, 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 directly owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the sale, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 0.9 %

Shares of Expedia Group stock opened at $149.23 on Tuesday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The company has a 50 day moving average of $177.06 and a 200 day moving average of $175.21. 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 market capitalization of $19.23 billion, a P/E ratio of 16.49, a P/E/G ratio of 0.92 and a beta of 1.65.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. As a group, research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a $0.40 dividend. The ex-dividend date was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.07%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio is presently 17.68%.

About Expedia Group

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.