Metis Global Partners LLC Has $773,000 Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Metis Global Partners LLC increased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,149 shares of the online travel company’s stock after acquiring an additional 74 shares during the quarter. Metis Global Partners LLC’s holdings in Expedia Group were worth $773,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EXPE. SRH Advisors LLC acquired a new position in shares of Expedia Group in the 4th quarter worth approximately $28,000. Grove Bank & Trust raised its stake in Expedia Group by 676.2% during the fourth 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. Venturi Wealth Management LLC raised its stake in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group in the third quarter valued at $51,000. Finally, Golden State Wealth Management LLC bought a new stake in Expedia Group during the fourth quarter valued at $72,000. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Argus lifted their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. BMO Capital Markets increased their price target on Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a report on Monday, February 10th. Susquehanna lifted their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Finally, Morgan Stanley increased their target price on shares of Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Nineteen investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Trading Down 2.5 %

NASDAQ:EXPE opened at $188.70 on Wednesday. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The firm has a 50-day moving average price of $187.22 and a two-hundred day moving average price of $169.85. 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 firm has a market cap of $24.32 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last issued 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 net margin of 9.01% and a return on equity of 52.41%. On average, equities analysts expect 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 will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.85%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is presently 17.68%.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The sale 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 the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following 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 ninety days, 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.