Expedia Group, Inc. $EXPE Stock Holdings Boosted by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 60.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,497 shares of the online travel company’s stock after purchasing an additional 8,072 shares during the quarter. Ritholtz Wealth Management’s holdings in Expedia Group were worth $4,595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. raised its holdings in shares of Expedia Group by 4.3% during the second quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock valued at $227,000 after buying an additional 55 shares during the last quarter. Blue Trust Inc. increased its position in Expedia Group by 8.0% in the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock valued at $159,000 after acquiring an additional 55 shares during the period. New York Life Investment Management LLC raised its stake in Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock valued at $2,832,000 after acquiring an additional 64 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in Expedia Group by 0.3% during the 2nd quarter. Hohimer Wealth Management LLC now owns 26,831 shares of the online travel company’s stock worth $4,526,000 after acquiring an additional 68 shares during the period. Finally, Consilio Wealth Advisors LLC grew its stake in shares of Expedia Group by 4.1% in the second quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after purchasing an additional 71 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the sale, the chief accounting officer directly owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,849 shares of company stock valued at $1,283,270 over the last quarter. Company insiders own 9.13% of the company’s stock.

Expedia Group Stock Down 3.1%

Shares of Expedia Group stock opened at $285.11 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80. The firm has a market capitalization of $34.94 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 1.06 and a beta of 1.43. The stock’s fifty day moving average is $274.27 and its 200-day moving average is $229.93.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the firm earned $6.13 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EXPE shares. KeyCorp initiated coverage on shares of Expedia Group in a research note on Wednesday, October 22nd. They set a “sector weight” rating on the stock. UBS Group set a $270.00 price target on shares of Expedia Group in a research note on Tuesday. Rothschild & Co Redburn boosted their target price on Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Citigroup upped their target price on Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. Finally, Jefferies Financial Group lifted their price target on Expedia Group from $270.00 to $285.00 and gave the company a “hold” rating in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $288.16.

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.