Clarius Group LLC Decreases Position in Expedia Group, Inc. $EXPE

Clarius Group LLC lowered its position in Expedia Group, Inc. (NASDAQ:EXPE) by 8.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 2,657 shares of the online travel company’s stock after selling 258 shares during the period. Clarius Group LLC’s holdings in Expedia Group were worth $448,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the 1st quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group in the first quarter valued at approximately $28,000. Park Square Financial Group LLC purchased a new position in shares of Expedia Group during the 1st quarter worth approximately $34,000. Zions Bancorporation National Association UT acquired a new position in shares of Expedia Group during the 1st quarter worth approximately $36,000. Finally, First Pacific Financial lifted its stake in Expedia Group by 60.0% in the 2nd quarter. First Pacific Financial now owns 240 shares of the online travel company’s stock valued at $40,000 after buying an additional 90 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $219.23 on Monday. The business’s 50-day simple moving average is $208.99 and its 200 day simple moving average is $181.36. The company has a market cap of $27.12 billion, a P/E ratio of 26.87, a PEG ratio of 1.15 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $229.00.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s dividend payout ratio is presently 19.61%.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of analyst reports. Barclays boosted their price target on Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Wall Street Zen upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Wells Fargo & Company reissued a “positive” rating on shares of Expedia Group in a research note on Friday, August 8th. BTIG Research reaffirmed a “buy” rating and issued a $250.00 target price on shares of Expedia Group in a research note on Tuesday, September 9th. Finally, DA Davidson boosted their price target on Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $208.96.

Insider Activity

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last ninety days. Corporate insiders own 9.13% of the company’s stock.

Expedia Group 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.