Kestra Private Wealth Services LLC Has $389,000 Stock Holdings in Expedia Group, Inc. $EXPE

Kestra Private Wealth Services LLC trimmed its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 69.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,683 shares of the online travel company’s stock after selling 3,902 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Expedia Group were worth $389,000 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. Oliver Luxxe Assets LLC acquired a new stake in Expedia Group during the 4th quarter valued at approximately $3,164,000. Corient Private Wealth LLC lifted its position in shares of Expedia Group by 17.8% in the 4th quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock worth $17,344,000 after purchasing an additional 9,256 shares during the period. 44 Wealth Management LLC acquired a new position in shares of Expedia Group in the 3rd quarter worth approximately $1,358,000. Swiss Life Asset Management Ltd boosted its stake in shares of Expedia Group by 48.6% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 43,222 shares of the online travel company’s stock valued at $9,239,000 after purchasing an additional 14,143 shares during the last quarter. Finally, Monument Capital Management acquired a new stake in shares of Expedia Group during the fourth quarter worth $2,781,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Price Performance

Expedia Group stock opened at $268.69 on Friday. The company has a market capitalization of $32.93 billion, a PE ratio of 23.65, a PEG ratio of 0.71 and a beta of 1.23. Expedia Group, Inc. has a 12-month low of $171.27 and a 12-month high of $303.80. The firm’s fifty day moving average is $236.11 and its 200 day moving average is $246.11. 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 posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the company posted $0.40 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. As a group, sell-side analysts predict that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s dividend payout ratio is 16.90%.

Insider Activity

In related news, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the company’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 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 ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on EXPE shares. Citigroup restated a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Weiss Ratings downgraded Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. B. Riley Financial lowered their price objective on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Jefferies Financial Group raised Expedia Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $240.00 to $300.00 in a research note on Monday, March 30th. Finally, Robert W. Baird set a $290.00 price objective on Expedia Group in a research note on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $284.30.

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.