Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 185 shares of the online travel company’s stock, valued at approximately $31,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Expedia Group in the first quarter worth $28,000. GFG Capital LLC purchased a new stake in shares of Expedia Group in the second quarter worth $29,000. Park Square Financial Group LLC purchased a new stake in shares of Expedia Group in the first quarter worth $34,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Expedia Group in the first quarter worth $36,000. 90.76% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. Susquehanna increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. Oppenheimer restated an “outperform” rating on shares of Expedia Group in a research report on Friday, August 8th. UBS Group upped their target price on shares of Expedia Group from $182.00 to $209.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a research report on Monday, August 11th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus price target of $209.00.
Insider Buying and Selling at Expedia Group
In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the transaction, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last 90 days. 9.13% of the stock is owned by insiders.
Expedia Group Price Performance
EXPE stock opened at $215.64 on Tuesday. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a fifty day simple moving average of $213.04 and a two-hundred day simple moving average of $183.14. The firm has a market capitalization of $26.68 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 1.10 and a beta of 1.56.
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same quarter last year, the business earned $3.51 earnings per share. Expedia Group’s quarterly revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.
Expedia Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 19.61%.
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.
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