Fiera Capital Corp Boosts Stock Position in Expedia Group Inc (NASDAQ:EXPE)

Fiera Capital Corp increased its position in shares of Expedia Group Inc (NASDAQ:EXPE) by 15.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,335 shares of the online travel company’s stock after acquiring an additional 1,242 shares during the period. Fiera Capital Corp’s holdings in Expedia Group were worth $1,111,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. North Star Investment Management Corp. bought a new stake in Expedia Group during the 1st quarter worth $25,000. Liberty Wealth Management LLC acquired a new position in Expedia Group during the 4th quarter worth about $32,000. JOYN Advisors Inc. lifted its holdings in Expedia Group by 53.0% during the 4th quarter. JOYN Advisors Inc. now owns 332 shares of the online travel company’s stock worth $37,000 after buying an additional 115 shares during the period. Rational Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth about $38,000. Finally, Shine Investment Advisory Services Inc. lifted its holdings in Expedia Group by 50.7% during the 1st quarter. Shine Investment Advisory Services Inc. now owns 345 shares of the online travel company’s stock worth $41,000 after buying an additional 116 shares during the period. Institutional investors and hedge funds own 81.95% of the company’s stock.

EXPE stock traded up $2.89 during trading on Friday, reaching $133.03. 1,239,650 shares of the stock were exchanged, compared to its average volume of 1,592,253. The business’s 50 day simple moving average is $121.68. Expedia Group Inc has a twelve month low of $108.11 and a twelve month high of $139.77. 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 capitalization of $19.58 billion, a price-to-earnings ratio of 27.66, a P/E/G ratio of 1.81 and a beta of 1.01.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.34. Expedia Group had a return on equity of 13.41% and a net margin of 3.89%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the prior year, the business earned ($0.36) EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, sell-side analysts predict that Expedia Group Inc will post 5.75 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 13th. Investors of record on Thursday, May 23rd were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Wednesday, May 22nd. Expedia Group’s dividend payout ratio (DPR) is currently 26.61%.

Several research analysts have commented on the company. Zacks Investment Research downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Citigroup downgraded Expedia Group from a “buy” rating to a “neutral” rating and cut their target price for the stock from $145.00 to $130.00 in a report on Thursday, May 23rd. Barclays reaffirmed a “buy” rating and set a $145.00 target price on shares of Expedia Group in a report on Monday, May 6th. Piper Jaffray Companies cut their target price on Expedia Group from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Friday, May 3rd. Finally, BidaskClub downgraded Expedia Group from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th. Twelve investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $144.97.

About Expedia Group

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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