Expedia Group (NASDAQ:EXPE) Price Target Raised to $205.00 at Susquehanna

Expedia Group (NASDAQ:EXPE) had its price objective hoisted by Susquehanna from $190.00 to $205.00 in a report released on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the online travel company’s stock.

A number of other equities research analysts have also weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Friday. BTIG Research increased their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. The Goldman Sachs Group boosted their price target on shares of Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a report on Friday, January 10th. StockNews.com downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a research note on Monday, January 6th. Nineteen equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $190.07.

Expedia Group Trading Up 0.3 %

Shares of EXPE opened at $203.00 on Monday. The stock has a market capitalization of $26.06 billion, a PE ratio of 22.43, a P/E/G ratio of 0.82 and a beta of 1.82. The company’s fifty day moving average is $182.42 and its 200 day moving average is $160.81. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted 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 55.42%. Sell-side analysts expect that Expedia Group will post 10.75 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, March 6th.

Insider Activity

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $5,174,510 in the last quarter. 6.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of the business. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter worth approximately $28,000. Grove Bank & Trust lifted its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after acquiring an additional 117 shares during the period. Venturi Wealth Management LLC grew its stake in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in Expedia Group in the 3rd quarter worth $51,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.