Global Retirement Partners LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 4,941 shares of the online travel company’s stock, valued at approximately $833,000.
A number of other hedge funds have also recently made changes to their positions in EXPE. Spire Wealth Management boosted its position in Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group during the first quarter valued at about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group in the 1st quarter valued at about $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group in the 2nd quarter valued at about $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Expedia Group in the 2nd quarter worth approximately $31,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
EXPE has been the subject of a number of analyst reports. BNP Paribas Exane began coverage on shares of Expedia Group in a research report on Monday. They set a “neutral” rating for the company. Sanford C. Bernstein set a $210.00 price target on Expedia Group in a research report on Monday, August 11th. Deutsche Bank Aktiengesellschaft increased their price objective on Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a report on Friday, November 7th. Cantor Fitzgerald boosted their target price on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, UBS Group upped their target price on Expedia Group from $209.00 to $234.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have given a Hold rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $265.31.
Insider Activity at Expedia Group
In other news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the stock in a transaction dated Friday, November 21st. The stock was 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 in the company, valued at $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is currently owned by corporate insiders.
Expedia Group Price Performance
NASDAQ EXPE opened at $257.62 on Friday. 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 stock’s fifty day moving average price is $229.56 and its 200 day moving average price is $201.21. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $279.61. The company has a market cap of $31.57 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 1.15 and a beta of 1.58.
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.
Expedia Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio is 15.31%.
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.
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