Focus Partners Advisor Solutions LLC Raises Position in Expedia Group, Inc. $EXPE

Focus Partners Advisor Solutions LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 38.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,488 shares of the online travel company’s stock after acquiring an additional 2,353 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Expedia Group were worth $1,432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EXPE. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group during the first quarter valued at approximately $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Expedia Group during the first quarter valued at approximately $28,000. GFG Capital LLC purchased a new stake in shares of Expedia Group during the second quarter valued at approximately $29,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Expedia Group during the second quarter valued at approximately $31,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Expedia Group during the first quarter valued at approximately $34,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on EXPE. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research report on Friday, August 8th. Piper Sandler raised their target price on Expedia Group from $135.00 to $190.00 and gave the stock an “underweight” rating in a research report on Friday, August 8th. Citigroup raised their target price on Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 13th. Susquehanna raised their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Finally, Bank of America raised their target price on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $212.79.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group 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 sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last three months. Company insiders own 9.13% of the company’s stock.

Expedia Group Price Performance

Expedia Group stock opened at $218.85 on Monday. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The business has a fifty day moving average price of $217.14 and a 200-day moving average price of $187.36. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $27.08 billion, a P/E ratio of 26.82, a PEG ratio of 1.14 and a beta of 1.56.

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

Expedia Group Announces Dividend

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