Pinnacle Wealth Management Advisory Group LLC Has $2.33 Million Holdings in Expedia Group, Inc. $EXPE

Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 45.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,206 shares of the online travel company’s stock after purchasing an additional 2,545 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Expedia Group were worth $2,325,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of EXPE. Brighton Jones LLC acquired a new position in Expedia Group in the fourth quarter valued at $408,000. NewEdge Advisors LLC lifted its holdings in Expedia Group by 5.0% in the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after buying an additional 259 shares during the period. Sivia Capital Partners LLC acquired a new position in Expedia Group in the second quarter valued at $596,000. Daiwa Securities Group Inc. lifted its holdings in Expedia Group by 6.5% in the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after buying an additional 1,290 shares during the period. Finally, AXA S.A. lifted its holdings in Expedia Group by 5.9% in the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after buying an additional 615 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of Expedia Group stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

EXPE opened at $251.84 on Monday. Expedia Group, Inc. has a 1-year low of $148.55 and a 1-year high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75. The company has a market cap of $30.86 billion, a P/E ratio of 25.57, a price-to-earnings-growth ratio of 0.77 and a beta of 1.30. The company has a fifty day moving average price of $234.89 and a two-hundred day moving average price of $248.88.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.46. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period in the previous year, the firm posted $2.39 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. Analysts predict that Expedia Group, Inc. will post 16.64 EPS for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.8%. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, March 5th. Expedia Group’s payout ratio is presently 19.49%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Argus dropped their target price on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. DA Davidson dropped their target price on shares of Expedia Group from $294.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. BTIG Research restated a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a report on Monday, April 20th. Barclays boosted their target price on shares of Expedia Group from $245.00 to $260.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Citigroup dropped their target price on shares of Expedia Group from $281.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $282.74.

View Our Latest Research Report on Expedia Group

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Expedia Group Company Profile

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third?party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

See Also

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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