Farther Finance Advisors LLC Has $252,000 Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Farther Finance Advisors LLC lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 66.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,500 shares of the online travel company’s stock after selling 3,031 shares during the quarter. Farther Finance Advisors LLC’s holdings in Expedia Group were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. Minot DeBlois Advisors LLC acquired a new position in Expedia Group during the fourth quarter valued at approximately $27,000. Sava Infond d.o.o. bought a new position in Expedia Group in the fourth quarter valued at approximately $28,000. Prudent Man Investment Management Inc. bought a new position in Expedia Group in the fourth quarter valued at approximately $34,000. Optiver Holding B.V. bought a new position in Expedia Group in the fourth quarter valued at approximately $38,000. Finally, Banque Transatlantique SA bought a new position in Expedia Group in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ:EXPE opened at $162.46 on Thursday. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. The company has a market cap of $20.65 billion, a P/E ratio of 19.16, a P/E/G ratio of 0.77 and a beta of 1.59. The firm’s fifty day moving average price is $162.54 and its two-hundred day moving average price is $174.32. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the prior year, the firm earned $0.21 earnings per share. Expedia Group’s revenue for the quarter was up 3.4% on a year-over-year basis. Equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were paid a $0.40 dividend. The ex-dividend date was Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 0.98%. Expedia Group’s dividend payout ratio (DPR) is presently 18.87%.

Analyst Ratings Changes

A number of research analysts have weighed in on EXPE shares. Susquehanna cut their price target on shares of Expedia Group from $205.00 to $175.00 and set a “neutral” rating on the stock in a research note on Monday, May 12th. UBS Group cut their price target on shares of Expedia Group from $194.00 to $170.00 and set a “neutral” rating on the stock in a research note on Monday, April 28th. JPMorgan Chase & Co. cut their price target on shares of Expedia Group from $205.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Cantor Fitzgerald reissued a “neutral” rating and issued a $170.00 price objective on shares of Expedia Group in a research report on Thursday, May 15th. Finally, Benchmark cut their price objective on shares of Expedia Group from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and an average price target of $186.35.

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.