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

Fiera Capital Corp lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 33.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 385,752 shares of the online travel company’s stock after purchasing an additional 96,560 shares during the quarter. Fiera Capital Corp’s holdings in Expedia Group were worth $109,287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EXPE. Windacre Partnership LLC grew its position 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 valued at $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC grew its position 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 valued at $779,275,000 after purchasing an additional 728,063 shares during the period. Invesco Ltd. grew its position 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 valued at $667,507,000 after purchasing an additional 230,176 shares during the period. Norges Bank acquired a new stake in shares of Expedia Group in the fourth quarter valued at about $861,979,000. Finally, Wellington Management Group LLP boosted its holdings in Expedia Group by 24,899.5% in the 3rd 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 last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EXPE shares. Benchmark lowered their price objective on Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Citic Securities lowered their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Truist Financial lowered their price objective on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Gordon Haskett lowered their price objective on Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, Weiss Ratings cut Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $284.42.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction that occurred 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. The trade was a 6.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

EXPE stock opened at $228.88 on Monday. The stock has a market cap of $28.05 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 0.60 and a beta of 1.25. The business’s 50-day moving average is $234.33 and its 200 day moving average is $247.79. Expedia Group, Inc. has a 12-month low of $160.00 and a 12-month high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders 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 dividend yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s payout ratio is currently 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.