Xponance Inc. Increases Stock Holdings in Expedia Group, Inc. $EXPE

Xponance Inc. raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 8.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 37,212 shares of the online travel company’s stock after buying an additional 2,931 shares during the quarter. Xponance Inc.’s holdings in Expedia Group were worth $7,954,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EXPE. Grey Fox Wealth Advisors LLC acquired a new position in shares of Expedia Group during the third quarter valued at about $30,000. Spire Wealth Management grew its position in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Rossby Financial LCC increased its stake in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. SOA Wealth Advisors LLC. acquired a new position in Expedia Group during the 3rd quarter valued at approximately $36,000. Finally, Armstrong Advisory Group Inc. raised its holdings in shares of Expedia Group by 212.7% in the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock worth $37,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Down 1.0%

Shares of EXPE opened at $215.69 on Friday. The company has a market capitalization of $26.43 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 0.67 and a beta of 1.41. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The stock’s 50-day moving average price is $258.66 and its 200-day moving average price is $241.63. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.41 billion. During the same period last year, the business earned $2.39 earnings per share. Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. On average, sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.48 dividend. The ex-dividend date is Thursday, March 5th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio (DPR) is presently 16.24%.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. The trade was a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 9.13% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the topic of a number of research analyst reports. UBS Group set a $266.00 price objective on shares of Expedia Group in a report on Friday, February 13th. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings cut Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 17th. Rothschild & Co Redburn lifted 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. Finally, Susquehanna reiterated a “neutral” rating and issued a $240.00 target price on shares of Expedia Group in a research report on Tuesday, February 17th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $282.55.

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.