Three Seasons Wealth LLC Makes New Investment in Expedia Group, Inc. $EXPE

Three Seasons Wealth LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, HoldingsChannel.com reports. The firm bought 2,677 shares of the online travel company’s stock, valued at approximately $572,000.

Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. lifted its position in shares of Expedia Group by 4.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock worth $227,000 after buying an additional 55 shares during the last quarter. Blue Trust Inc. raised its stake in Expedia Group by 8.0% during the third quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock worth $159,000 after acquiring an additional 55 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in shares of Expedia Group by 0.4% in the second quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock worth $2,832,000 after acquiring an additional 64 shares during the last quarter. Hohimer Wealth Management LLC lifted its holdings in shares of Expedia Group by 0.3% in the second quarter. Hohimer Wealth Management LLC now owns 26,831 shares of the online travel company’s stock worth $4,526,000 after acquiring an additional 68 shares during the last quarter. Finally, Consilio Wealth Advisors LLC boosted its stake in shares of Expedia Group by 4.1% in the 2nd quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock valued at $305,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

NASDAQ EXPE opened at $287.56 on Monday. The company has a market capitalization of $35.23 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 1.30 and a beta of 1.44. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $292.42. The stock has a fifty day simple moving average of $253.63 and a 200 day simple moving average of $217.65.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $6.13 EPS. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were issued a $0.40 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $1.60 annualized dividend and a yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the sale, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the transaction, the director directly owned 30,858 shares of the company’s stock, valued at $8,379,489.90. This represents a 8.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Expedia Group in a research report on Monday, December 22nd. Cantor Fitzgerald boosted their target price on shares of Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. BNP Paribas Exane assumed coverage on Expedia Group in a research note on Monday, November 24th. They issued a “neutral” rating for the company. Wedbush boosted their price objective on Expedia Group from $250.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. Finally, BTIG Research increased their target price on Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $270.66.

Expedia Group Profile

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.