Fiera Capital Corp Trims Position in Expedia Group, Inc. $EXPE

Fiera Capital Corp lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 295,652 shares of the online travel company’s stock after selling 4,301 shares during the quarter. Fiera Capital Corp’s holdings in Expedia Group were worth $49,871,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. Spire Wealth Management grew its stake in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. acquired a new stake in shares of Expedia Group during the first quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new position in Expedia Group in the 1st quarter valued at $28,000. GFG Capital LLC acquired a new position in Expedia Group in the 2nd quarter valued at $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in Expedia Group during the 2nd quarter worth $31,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EXPE has been the topic of several analyst reports. Argus lifted their target price on shares of Expedia Group from $265.00 to $300.00 and gave the company a “buy” rating in a report on Monday. B. Riley lifted their price objective on Expedia Group from $260.00 to $300.00 and gave the company a “buy” rating in a report on Friday, November 7th. Mizuho began coverage on Expedia Group in a research note on Tuesday, September 30th. They set a “neutral” rating and a $240.00 target price for the company. Bank of America raised their price target on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a report on Friday, August 8th. Finally, Truist Financial set a $210.00 price objective on Expedia Group in a report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.00.

Expedia Group Stock Performance

NASDAQ EXPE opened at $273.65 on Thursday. The business has a 50 day moving average price of $222.86 and a 200 day moving average price of $194.64. The company has a market capitalization of $33.85 billion, a P/E ratio of 33.54, a PEG ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $277.23. 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 posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the prior year, the company earned $6.13 earnings per share. Expedia Group’s revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Activity

In other news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 9.13% of the company’s stock.

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.