Vontobel Holding Ltd. Sells 17,410 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Vontobel Holding Ltd. decreased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 33.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 34,557 shares of the online travel company’s stock after selling 17,410 shares during the period. Vontobel Holding Ltd.’s holdings in Expedia Group were worth $6,439,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Windacre Partnership LLC boosted its holdings in Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after acquiring an additional 1,431,500 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after acquiring an additional 596,510 shares in the last quarter. Alkeon Capital Management LLC boosted its holdings in Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after acquiring an additional 498,934 shares in the last quarter. KBC Group NV boosted its holdings in Expedia Group by 326.9% in the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock valued at $54,685,000 after acquiring an additional 224,732 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after acquiring an additional 144,579 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $202.38 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $25.98 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82. The firm’s 50 day moving average price is $183.82 and its 200-day moving average price is $162.95. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. Equities research analysts expect that Expedia Group, Inc. will post 10.75 EPS for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, March 6th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a report on Friday, February 7th. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Argus boosted their target price on shares of Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a report on Friday, January 10th. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, 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. Nineteen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, Expedia Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’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 completion of the sale, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,951 shares of company stock worth $3,900,580 over the last quarter. 6.80% of the stock is currently owned by corporate insiders.

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.