Fiera Capital Corp decreased its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,652 shares of the online travel company’s stock after selling 4,301 shares during the quarter. Fiera Capital Corp owned 0.23% of Expedia Group worth $49,871,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Monetta Financial Services Inc. purchased a new stake in Expedia Group during the 2nd quarter worth approximately $843,000. MV Capital Management Inc. increased its position in shares of Expedia Group by 12.6% during the second quarter. MV Capital Management Inc. now owns 850 shares of the online travel company’s stock worth $143,000 after acquiring an additional 95 shares during the period. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Expedia Group by 1.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 18,265 shares of the online travel company’s stock valued at $3,081,000 after acquiring an additional 295 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Expedia Group by 1.7% in the second quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after acquiring an additional 58,244 shares in the last quarter. Finally, denkapparat Operations GmbH boosted its holdings in Expedia Group by 16.8% in the second quarter. denkapparat Operations GmbH now owns 4,174 shares of the online travel company’s stock valued at $704,000 after purchasing an additional 600 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
EXPE has been the topic of several recent research reports. HSBC upped their price target on Expedia Group from $232.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a research note on Monday, August 11th. Argus lifted their price target on shares of Expedia Group from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday. Wedbush increased their price objective on shares of Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, BMO Capital Markets lifted their price objective on shares of Expedia Group from $205.00 to $250.00 in a research report on Friday, November 7th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $262.00.
Insider Activity
In related news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% 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, 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 value of $623,340.00. Following the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is currently owned by insiders.
Expedia Group Stock Up 3.1%
Shares of NASDAQ:EXPE opened at $273.65 on Thursday. The company has a market capitalization of $33.85 billion, a PE ratio of 33.54, a P/E/G ratio of 1.15 and a beta of 1.58. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $277.23. The firm has a 50 day simple moving average of $222.86 and a 200-day simple moving average of $194.64.
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the firm posted $6.13 EPS. The company’s revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.
Expedia Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s 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.
Read More
- Five stocks we like better than Expedia Group
- Basic Materials Stocks Investing
- Rare Earth Stocks: The Truce That Isn’t a Truce
- Growth Stocks: What They Are, What They Are Not
- Carving Up Profits: 3 Food Stocks on the Thanksgiving Table
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- C3.ai’s Reset: Why New Leadership Could Spark a Turnaround
Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPE – Free Report).
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
