Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 59.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,152 shares of the online travel company’s stock after acquiring an additional 19,836 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Expedia Group were worth $9,914,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Greenleaf Trust boosted its holdings 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 acquiring an additional 61 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares in the last quarter. Empirical Finance LLC lifted its stake in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after purchasing an additional 63 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares in the last quarter. Finally, Signet Financial Management LLC lifted its stake in shares of Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock worth $4,751,000 after purchasing an additional 74 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Benchmark restated a “buy” rating and set a $200.00 price objective on shares of Expedia Group in a research note on Tuesday, February 4th. The Goldman Sachs Group boosted their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. UBS Group restated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. B. Riley reiterated a “buy” rating and issued a $235.00 price target (up previously from $220.00) on shares of Expedia Group in a research note on Friday, February 7th. Finally, Robert W. Baird assumed coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price target on the stock. 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, Expedia Group currently has a consensus rating of “Moderate Buy” and an average price target of $193.61.

Expedia Group Stock Up 3.2 %

NASDAQ:EXPE opened at $162.11 on Friday. The firm has a market capitalization of $20.89 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. The stock has a 50 day moving average of $184.92 and a 200-day moving average of $171.46. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. 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 (NASDAQ:EXPE) last posted its earnings results 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%. Analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm 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 represents a $1.60 dividend on an annualized basis and a yield of 0.99%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s dividend payout ratio is 17.68%.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock valued at $4,577,900 in the last three months. 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.