Focus Partners Wealth Grows Holdings in Expedia Group, Inc. $EXPE

Focus Partners Wealth grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 58.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 206,983 shares of the online travel company’s stock after acquiring an additional 76,127 shares during the period. Focus Partners Wealth’s holdings in Expedia Group were worth $58,641,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new position in Expedia Group during the fourth quarter worth $408,000. NewEdge Advisors LLC lifted its stake in Expedia Group by 5.0% during the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Expedia Group during the second quarter worth $596,000. Daiwa Securities Group Inc. lifted its stake in Expedia Group by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AXA S.A. lifted its stake in Expedia Group by 5.9% during the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after purchasing an additional 615 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EXPE. UBS Group reduced their price objective on Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. TD Cowen raised their price objective on Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. Argus reduced their price objective on Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Barclays raised their price objective on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Truist Financial reduced their price objective on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research note on Monday, April 6th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $284.42.

Expedia Group Price Performance

Shares of EXPE opened at $236.98 on Tuesday. The firm has a market capitalization of $29.04 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 0.59 and a beta of 1.25. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a one year low of $160.00 and a one year high of $303.80. The stock’s fifty day moving average is $234.20 and its 200-day moving average is $247.03.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter last year, the firm posted $0.40 EPS. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Equities analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.