Dimensional Fund Advisors LP boosted its holdings in shares of Expedia Group Inc (NASDAQ:EXPE) by 4.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 483,676 shares of the online travel company’s stock after purchasing an additional 21,202 shares during the period. Dimensional Fund Advisors LP’s holdings in Expedia Group were worth $58,135,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Marcus Capital LLC raised its stake in shares of Expedia Group by 6.5% in the second quarter. Marcus Capital LLC now owns 6,150 shares of the online travel company’s stock valued at $739,000 after acquiring an additional 375 shares during the last quarter. Spinnaker Trust raised its stake in shares of Expedia Group by 1.8% in the second quarter. Spinnaker Trust now owns 21,060 shares of the online travel company’s stock valued at $2,530,000 after acquiring an additional 379 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Expedia Group by 3.6% in the second quarter. Crossmark Global Holdings Inc. now owns 11,771 shares of the online travel company’s stock valued at $1,415,000 after acquiring an additional 410 shares during the last quarter. Portland Hill Asset Management Ltd raised its stake in shares of Expedia Group by 0.9% in the second quarter. Portland Hill Asset Management Ltd now owns 50,046 shares of the online travel company’s stock valued at $6,031,000 after acquiring an additional 454 shares during the last quarter. Finally, BB&T Securities LLC raised its stake in shares of Expedia Group by 8.9% in the first quarter. BB&T Securities LLC now owns 6,428 shares of the online travel company’s stock valued at $709,000 after acquiring an additional 527 shares during the last quarter. Hedge funds and other institutional investors own 79.39% of the company’s stock.

Shares of Expedia Group stock opened at $133.73 on Monday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $20.00 billion, a P/E ratio of 35.95, a P/E/G ratio of 1.88 and a beta of 1.36. Expedia Group Inc has a fifty-two week low of $98.52 and a fifty-two week high of $154.24.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, July 26th. The online travel company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.83. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a net margin of 2.54% and a return on equity of 9.48%. Expedia Group’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 earnings per share. equities analysts predict that Expedia Group Inc will post 4.42 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 13th. Investors of record on Thursday, August 23rd were issued a $0.32 dividend. The ex-dividend date was Wednesday, August 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.96%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.30. Expedia Group’s dividend payout ratio (DPR) is currently 34.41%.

In other Expedia Group news, insider Lance A. Soliday sold 3,269 shares of Expedia Group stock in a transaction on Friday, July 27th. The shares were sold at an average price of $138.07, for a total transaction of $451,350.83. Following the completion of the sale, the insider now owns 7,143 shares of the company’s stock, valued at approximately $986,234.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,500 shares of Expedia Group stock in a transaction on Monday, August 6th. The stock was sold at an average price of $133.48, for a total transaction of $467,180.00. Following the sale, the director now directly owns 31,764 shares of the company’s stock, valued at approximately $4,239,858.72. The disclosure for this sale can be found here. In the last three months, insiders sold 8,316 shares of company stock valued at $1,125,813. 20.96% of the stock is currently owned by company insiders.

A number of research analysts have recently issued reports on EXPE shares. JPMorgan Chase & Co. lifted their target price on shares of Expedia Group from $115.00 to $137.00 and gave the company a “neutral” rating in a research note on Friday, July 27th. Zacks Investment Research cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 21st. Deutsche Bank lifted their target price on shares of Expedia Group from $145.00 to $147.00 and gave the company a “buy” rating in a research note on Wednesday, August 15th. Credit Suisse Group lifted their target price on shares of Expedia Group from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research note on Wednesday, September 5th. Twelve research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Expedia Group has an average rating of “Buy” and a consensus target price of $149.47.

Expedia Group Profile

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

See Also: Analyst Ratings

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group Inc (NASDAQ:EXPE).

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.