Rehmann Capital Advisory Group Raises Stock Holdings in Expedia Group, Inc. $EXPE

Rehmann Capital Advisory Group boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 25.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,660 shares of the online travel company’s stock after purchasing an additional 1,152 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Expedia Group were worth $955,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the first quarter worth approximately $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter valued at approximately $28,000. GFG Capital LLC acquired a new position in shares of Expedia Group during the second quarter valued at approximately $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group during the second quarter valued at approximately $31,000. Finally, Park Square Financial Group LLC acquired a new position in shares of Expedia Group during the first quarter valued at approximately $34,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on EXPE. DA Davidson increased their target price on Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Benchmark increased their price target on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a report on Friday, August 8th. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. B. Riley increased their price target on Expedia Group from $222.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 8th. Finally, Mizuho started coverage on Expedia Group in a report on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $211.89.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the transaction, the insider owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Price Performance

EXPE stock opened at $226.39 on Thursday. The business has a fifty day moving average of $216.74 and a two-hundred day moving average of $185.74. 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 stock has a market cap of $28.01 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 1.18 and a beta of 1.56. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $240.98.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

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.