Orion Portfolio Solutions LLC Grows Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Orion Portfolio Solutions LLC boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,466 shares of the online travel company’s stock after acquiring an additional 639 shares during the period. Orion Portfolio Solutions LLC’s holdings in Expedia Group were worth $2,323,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. SRH Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at approximately $28,000. Sava Infond d.o.o. acquired a new position in Expedia Group in the 4th quarter valued at $28,000. Grove Bank & Trust raised its position in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after buying an additional 142 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after acquiring an additional 117 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at about $72,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EXPE. Cantor Fitzgerald restated a “neutral” rating and issued a $210.00 price objective (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. B. Riley reissued a “buy” rating and issued a $235.00 price target (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th. Benchmark reissued a “buy” rating and issued a $200.00 target price on shares of Expedia Group in a report on Tuesday, February 4th. Finally, DA Davidson upped their price target on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $193.43.

Expedia Group Stock Performance

NASDAQ EXPE opened at $167.70 on Wednesday. The stock has a market cap of $21.61 billion, a P/E ratio of 18.53, a PEG ratio of 0.92 and a beta of 1.83. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The company’s 50-day simple moving average is $181.80 and its 200 day simple moving average is $174.94.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (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%. As a group, research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date was Thursday, March 6th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio 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.