Regentatlantic Capital LLC Grows Position in Expedia Group Inc (NASDAQ:EXPE)

Regentatlantic Capital LLC increased its position in Expedia Group Inc (NASDAQ:EXPE) by 1.9% in the second quarter, HoldingsChannel reports. The firm owned 17,431 shares of the online travel company’s stock after purchasing an additional 332 shares during the quarter. Regentatlantic Capital LLC’s holdings in Expedia Group were worth $2,319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pettyjohn Wood & White Inc. raised its stake in Expedia Group by 0.9% during the first quarter. Pettyjohn Wood & White Inc. now owns 11,806 shares of the online travel company’s stock valued at $1,405,000 after buying an additional 100 shares during the last quarter. Duncker Streett & Co. Inc. raised its stake in Expedia Group by 2.8% during the first quarter. Duncker Streett & Co. Inc. now owns 3,670 shares of the online travel company’s stock valued at $437,000 after buying an additional 100 shares during the last quarter. Commonwealth Bank of Australia raised its stake in Expedia Group by 1.0% during the first quarter. Commonwealth Bank of Australia now owns 9,706 shares of the online travel company’s stock valued at $1,149,000 after buying an additional 100 shares during the last quarter. Markston International LLC raised its stake in Expedia Group by 4.4% during the first quarter. Markston International LLC now owns 2,565 shares of the online travel company’s stock valued at $305,000 after buying an additional 109 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in Expedia Group by 0.9% during the first quarter. MML Investors Services LLC now owns 12,262 shares of the online travel company’s stock valued at $1,459,000 after buying an additional 109 shares during the last quarter. Institutional investors own 81.97% of the company’s stock.

Shares of Expedia Group stock traded down $2.24 on Friday, reaching $129.17. The company’s stock had a trading volume of 2,416,655 shares, compared to its average volume of 1,835,942. The company has a market cap of $19.54 billion, a P/E ratio of 26.85, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08. The company’s fifty day moving average price is $133.28. Expedia Group Inc has a 52 week low of $108.11 and a 52 week high of $144.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.71.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, July 25th. The online travel company reported $1.47 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.07. Expedia Group had a return on equity of 14.20% and a net margin of 5.36%. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same quarter last year, the company earned $1.45 EPS. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, analysts expect that Expedia Group Inc will post 5.76 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 22nd will be issued a $0.34 dividend. The ex-dividend date is Wednesday, August 21st. This represents a $1.36 annualized dividend and a dividend yield of 1.05%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.32. Expedia Group’s payout ratio is presently 26.61%.

In related news, Director Susan C. Athey sold 2,425 shares of Expedia Group stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $134.59, for a total value of $326,380.75. Following the completion of the sale, the director now owns 1,462 shares of the company’s stock, valued at $196,770.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 20.96% of the company’s stock.

EXPE has been the subject of a number of recent research reports. Needham & Company LLC initiated coverage on Expedia Group in a research note on Monday, May 20th. They set a “hold” rating for the company. TheStreet upgraded Expedia Group from a “c+” rating to an “a-” rating in a research note on Thursday, July 25th. Barclays reiterated a “buy” rating and set a $145.00 price objective on shares of Expedia Group in a research note on Monday, May 6th. Jefferies Financial Group lifted their price objective on Expedia Group from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, SunTrust Banks reiterated a “buy” rating and set a $185.00 price objective on shares of Expedia Group in a research note on Thursday, July 25th. Ten research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $152.43.

Expedia Group Company 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, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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

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