Savant Capital LLC Sells 37,762 Shares of Expedia Group, Inc. $EXPE

Savant Capital LLC trimmed its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 95.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,938 shares of the online travel company’s stock after selling 37,762 shares during the period. Savant Capital LLC’s holdings in Expedia Group were worth $549,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Windacre Partnership LLC raised its holdings in shares of Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after buying an additional 309,900 shares during the period. AQR Capital Management LLC raised its holdings in shares of Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after buying an additional 728,063 shares during the period. Invesco Ltd. raised its holdings in shares of Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after buying an additional 230,176 shares during the period. Wellington Management Group LLP raised its holdings in shares of Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after buying an additional 1,801,232 shares during the period. Finally, Legal & General Group Plc raised its holdings in shares of Expedia Group by 3.1% in the third quarter. Legal & General Group Plc now owns 952,038 shares of the online travel company’s stock worth $203,498,000 after buying an additional 28,412 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EXPE. Robert W. Baird set a $290.00 price target on Expedia Group in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reduced their price target on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $240.00 price target on shares of Expedia Group in a report on Monday, April 27th. Finally, Truist Financial reduced their price target on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $284.42.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 5.20% of the stock is owned by insiders.

Expedia Group Trading Up 0.8%

EXPE opened at $227.18 on Friday. The stock’s fifty day moving average is $234.48 and its two-hundred day moving average is $247.89. The company has a market capitalization of $27.84 billion, a P/E ratio of 20.00, a PEG ratio of 0.69 and a beta of 1.25. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

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

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.

Expedia Group 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.