Cullen Frost Bankers Inc. Sells 245 Shares of Expedia Group, Inc. $EXPE

Cullen Frost Bankers Inc. cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,613 shares of the online travel company’s stock after selling 245 shares during the period. Cullen Frost Bankers Inc.’s holdings in Expedia Group were worth $947,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EXPE. Brighton Jones LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $408,000. GAMMA Investing LLC boosted its holdings in shares of Expedia Group by 8.5% during the 1st quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company’s stock worth $353,000 after buying an additional 165 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Expedia Group by 18.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 31,604 shares of the online travel company’s stock worth $5,313,000 after buying an additional 4,987 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Expedia Group by 2.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 50,050 shares of the online travel company’s stock worth $8,413,000 after buying an additional 974 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC boosted its holdings in shares of Expedia Group by 0.5% during the 1st quarter. Chevy Chase Trust Holdings LLC now owns 64,789 shares of the online travel company’s stock worth $10,891,000 after buying an additional 337 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EXPE has been the topic of a number of research analyst reports. DA Davidson increased their price target on Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a report on Friday, August 8th. BTIG Research restated a “buy” rating and set a $250.00 price target on shares of Expedia Group in a report on Tuesday, October 14th. Citigroup increased their price target on Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a report on Wednesday, August 13th. Royal Bank Of Canada increased their price target on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Finally, Sanford C. Bernstein set a $210.00 target price on Expedia Group in a report on Monday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $211.89.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider directly owned 74,417 shares of the company’s stock, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by insiders.

Expedia Group Price Performance

Shares of EXPE opened at $215.65 on Friday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $240.98. The business’s fifty day moving average is $216.91 and its 200 day moving average is $186.26. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market cap of $26.68 billion, a P/E ratio of 26.43, a P/E/G ratio of 1.18 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.Expedia Group’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s dividend payout ratio is presently 19.61%.

About Expedia Group

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.