Expedia Group, Inc. (NASDAQ:EXPE) Stock Holdings Lifted by Seed Wealth Management Inc.

Seed Wealth Management Inc. raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 8.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,250 shares of the online travel company’s stock after purchasing an additional 95 shares during the quarter. Seed Wealth Management Inc.’s holdings in Expedia Group were worth $210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Handelsbanken Fonder AB grew its stake in Expedia Group by 17.8% in the fourth quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock valued at $5,729,000 after purchasing an additional 4,656 shares in the last quarter. Clare Market Investments LLC acquired a new stake in shares of Expedia Group in the fourth quarter worth about $319,000. Jones Financial Companies Lllp lifted its position in shares of Expedia Group by 53.4% in the fourth quarter. Jones Financial Companies Lllp now owns 4,870 shares of the online travel company’s stock worth $907,000 after buying an additional 1,696 shares during the last quarter. Groupama Asset Managment acquired a new stake in shares of Expedia Group in the fourth quarter worth about $1,308,000. Finally, Ieq Capital LLC lifted its position in shares of Expedia Group by 338.5% in the fourth quarter. Ieq Capital LLC now owns 30,584 shares of the online travel company’s stock worth $5,699,000 after buying an additional 23,609 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 1.6%

Expedia Group stock opened at $161.99 on Wednesday. The business has a 50 day moving average price of $162.52 and a two-hundred day moving average price of $174.41. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. The stock has a market cap of $20.59 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. Expedia Group, Inc. has a 12 month low of $110.20 and a 12 month high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same period last year, the company earned $0.21 EPS. The company’s revenue was up 3.4% on a year-over-year basis. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. Expedia Group’s payout ratio is presently 18.87%.

Analyst Ratings Changes

A number of brokerages have weighed in on EXPE. Wall Street Zen cut Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 16th. The Goldman Sachs Group reduced their price target on Expedia Group from $219.00 to $183.00 and set a “buy” rating for the company in a research report on Friday, May 9th. Barclays boosted their price target on Expedia Group from $187.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Friday, May 9th. Truist Financial boosted their price target on Expedia Group from $163.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday, March 12th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $170.00 price target on shares of Expedia Group in a research report on Thursday, May 15th. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $186.35.

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.