CHICAGO TRUST Co NA Lowers Holdings in Expedia Group, Inc. $EXPE

CHICAGO TRUST Co NA decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,124 shares of the online travel company’s stock after selling 56 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Expedia Group were worth $527,000 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 EXPE. Nuveen LLC purchased a new position in shares of Expedia Group in the first quarter valued at approximately $227,174,000. Los Angeles Capital Management LLC boosted its stake in shares of Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after purchasing an additional 999,454 shares during the period. AQR Capital Management LLC boosted its stake in shares of Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares during the period. Massachusetts Financial Services Co. MA purchased a new position in shares of Expedia Group in the first quarter valued at approximately $82,975,000. Finally, Alkeon Capital Management LLC boosted its stake in shares of Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after purchasing an additional 398,804 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 1.0%

EXPE stock opened at $221.22 on Wednesday. The company has a fifty day moving average price of $203.90 and a 200 day moving average price of $178.39. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $229.00. The company has a market cap of $27.37 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.17 and a beta of 1.57. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results 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 firm had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the prior year, the firm earned $3.51 EPS. Expedia Group’s revenue for the quarter was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently commented on EXPE shares. Bank of America raised their price objective on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Oppenheimer reiterated an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. BTIG Research reiterated a “buy” rating and issued a $250.00 price target on shares of Expedia Group in a research note on Tuesday, September 9th. Citigroup lifted their price target on shares of Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Finally, Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research note on Monday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $205.63.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s 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 directly owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by company insiders.

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.