1,716 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,716 shares of the online travel company’s stock, valued at approximately $288,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. increased its holdings in Expedia Group by 14.1% during the 1st quarter. UMB Bank n.a. now owns 558 shares of the online travel company’s stock worth $94,000 after acquiring an additional 69 shares during the period. Metis Global Partners LLC increased its holdings in Expedia Group by 1.8% during the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company’s stock worth $773,000 after acquiring an additional 74 shares during the period. Diametric Capital LP increased its holdings in Expedia Group by 1.6% during the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company’s stock worth $883,000 after acquiring an additional 74 shares during the period. Foyston Gordon & Payne Inc increased its holdings in Expedia Group by 0.3% during the 4th quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company’s stock worth $4,124,000 after acquiring an additional 74 shares during the period. Finally, Ascent Group LLC increased its holdings in Expedia Group by 3.2% during the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company’s stock worth $453,000 after acquiring an additional 76 shares during the period. Institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of a number of analyst reports. Oppenheimer decreased their target price on shares of Expedia Group from $230.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, May 9th. Wells Fargo & Company boosted their price target on shares of Expedia Group from $143.00 to $149.00 and gave the stock an “equal weight” rating in a research note on Friday, May 9th. Cantor Fitzgerald reissued a “neutral” rating and issued a $170.00 price target on shares of Expedia Group in a research note on Thursday, May 15th. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 16th. Finally, Morgan Stanley cut their price target on shares of Expedia Group from $190.00 to $150.00 and set an “equal weight” rating for the company in a research note on Thursday, April 17th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus price target of $186.35.

Expedia Group Trading Down 0.4%

Shares of EXPE opened at $173.32 on Thursday. The stock has a market capitalization of $22.03 billion, a P/E ratio of 19.15, a PEG ratio of 0.92 and a beta of 1.59. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The firm has a fifty day simple moving average of $160.74 and a two-hundred day simple moving average of $175.00. Expedia Group, Inc. has a twelve month low of $110.20 and a twelve month high of $207.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 EPS. On average, research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.92%. Expedia Group’s payout ratio is currently 18.87%.

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.