Toronto Dominion Bank grew its holdings in shares of Expedia Group Inc (NASDAQ:EXPE) by 14.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 86,524 shares of the online travel company’s stock after acquiring an additional 10,866 shares during the quarter. Toronto Dominion Bank’s holdings in Expedia Group were worth $10,294,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of EXPE. Norges Bank purchased a new position in shares of Expedia Group during the fourth quarter worth approximately $117,112,000. Boston Partners raised its stake in shares of Expedia Group by 72.6% during the fourth quarter. Boston Partners now owns 1,321,220 shares of the online travel company’s stock worth $148,835,000 after acquiring an additional 555,640 shares in the last quarter. Standard Life Aberdeen plc raised its stake in shares of Expedia Group by 167.0% during the fourth quarter. Standard Life Aberdeen plc now owns 549,745 shares of the online travel company’s stock worth $62,875,000 after acquiring an additional 343,814 shares in the last quarter. BlackRock Inc. raised its stake in shares of Expedia Group by 3.3% during the fourth quarter. BlackRock Inc. now owns 7,832,787 shares of the online travel company’s stock worth $882,363,000 after acquiring an additional 250,021 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Expedia Group by 160.6% in the fourth quarter. Bank of Montreal Can now owns 390,741 shares of the online travel company’s stock worth $44,016,000 after buying an additional 240,827 shares during the period. 80.53% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Expedia Group stock opened at $116.26 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.74. The firm has a market cap of $17.11 billion, a price-to-earnings ratio of 24.17, a P/E/G ratio of 1.64 and a beta of 0.96. Expedia Group Inc has a 12-month low of $108.11 and a 12-month high of $139.77.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 2nd. The online travel company reported ($0.27) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.61) by $0.34. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.69 billion. Expedia Group had a net margin of 3.89% and a return on equity of 13.41%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.36) EPS. On average, analysts forecast that Expedia Group Inc will post 5.75 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, May 22nd. Expedia Group’s payout ratio is currently 26.61%.

Several research analysts recently commented on EXPE shares. SunTrust Banks reaffirmed a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research note on Monday, February 4th. Telsey Advisory Group set a $125.00 target price on shares of Expedia Group and gave the stock a “hold” rating in a research note on Friday, May 3rd. Vertical Group started coverage on shares of Expedia Group in a research note on Thursday, January 31st. They issued a “positive” rating on the stock. Bank of America reaffirmed a “buy” rating and issued a $148.00 target price (up from $142.00) on shares of Expedia Group in a research note on Tuesday, February 5th. Finally, Credit Suisse Group lifted their target price on shares of Expedia Group from $145.00 to $150.00 in a research note on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-one have given a buy rating to the stock. Expedia Group currently has an average rating of “Buy” and an average price target of $146.90.

In other Expedia Group news, CAO Lance A. Soliday sold 1,635 shares of the business’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $124.56, for a total transaction of $203,655.60. Following the transaction, the chief accounting officer now directly owns 6,644 shares of the company’s stock, valued at approximately $827,576.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Mark D. Okerstrom sold 5,531 shares of the business’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $126.66, for a total transaction of $700,556.46. Following the transaction, the insider now directly owns 70,532 shares in the company, valued at $8,933,583.12. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,697 shares of company stock worth $1,615,775. Insiders own 20.96% of the company’s stock.

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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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