Mitsubishi UFJ Trust & Banking Corp Has $33.89 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 181,892 shares of the online travel company’s stock after purchasing an additional 4,311 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Expedia Group were worth $33,892,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EXPE. Aire Advisors LLC grew its holdings in shares of Expedia Group by 79.2% during the 4th quarter. Aire Advisors LLC now owns 13,187 shares of the online travel company’s stock valued at $2,457,000 after acquiring an additional 5,828 shares in the last quarter. Insight 2811 Inc. purchased a new position in Expedia Group in the fourth quarter valued at about $205,000. Taikang Asset Management Hong Kong Co Ltd acquired a new position in Expedia Group in the 4th quarter worth about $7,397,000. Prudential Financial Inc. raised its stake in shares of Expedia Group by 26.3% during the 4th quarter. Prudential Financial Inc. now owns 102,990 shares of the online travel company’s stock worth $19,190,000 after purchasing an additional 21,426 shares in the last quarter. Finally, Stevens Capital Management LP acquired a new stake in shares of Expedia Group during the 4th quarter valued at about $261,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ:EXPE opened at $173.43 on Thursday. 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 company has a 50-day moving average of $183.23 and a 200-day moving average of $173.64. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a market capitalization of $22.35 billion, a price-to-earnings ratio of 19.16, a PEG ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last announced its quarterly 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, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is currently 17.68%.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. UBS Group reaffirmed a “neutral” rating on shares of Expedia Group in a research report on Tuesday, February 4th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Finally, BMO Capital Markets raised their price objective on Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research note on Monday, February 10th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The shares were 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 of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is owned by insiders.

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.