Fifth Third Wealth Advisors LLC Makes New $256,000 Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Fifth Third Wealth Advisors LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,372 shares of the online travel company’s stock, valued at approximately $256,000.

A number of other large investors have also recently made changes to their positions in the stock. Seed Wealth Management Inc. acquired a new stake in Expedia Group during the 4th quarter worth about $215,000. Signet Financial Management LLC raised its stake in shares of Expedia Group by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock worth $4,751,000 after purchasing an additional 74 shares during the last quarter. Pallas Capital Advisors LLC lifted its holdings in shares of Expedia Group by 5.5% during the fourth quarter. Pallas Capital Advisors LLC now owns 4,134 shares of the online travel company’s stock worth $770,000 after purchasing an additional 216 shares during the period. Miracle Mile Advisors LLC purchased a new stake in Expedia Group in the fourth quarter valued at approximately $457,000. Finally, Friedenthal Financial purchased a new stake in Expedia Group in the fourth quarter valued at approximately $800,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Benchmark lifted their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Melius upgraded 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. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, UBS Group lifted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Twenty equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus target price of $175.96.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $187.28 on Friday. The firm has a 50-day simple moving average of $184.66 and a 200-day simple moving average of $155.69. The stock has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34.

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.