Natixis Advisors LLC Sells 4,727 Shares of Expedia Group, Inc. $EXPE

Natixis Advisors LLC reduced its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 6.9% in the fourth quarter, HoldingsChannel reports. The firm owned 64,210 shares of the online travel company’s stock after selling 4,727 shares during the period. Natixis Advisors LLC’s holdings in Expedia Group were worth $18,191,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. 3Chopt Investment Partners LLC increased its holdings in Expedia Group by 8.0% in the fourth quarter. 3Chopt Investment Partners LLC now owns 3,117 shares of the online travel company’s stock worth $883,000 after purchasing an additional 231 shares in the last quarter. Allen Investment Management LLC bought a new stake in Expedia Group in the fourth quarter worth approximately $230,000. Root Financial Partners LLC increased its holdings in Expedia Group by 33.8% in the fourth quarter. Root Financial Partners LLC now owns 293 shares of the online travel company’s stock worth $83,000 after purchasing an additional 74 shares in the last quarter. GW Henssler & Associates Ltd. bought a new stake in Expedia Group in the fourth quarter worth approximately $261,000. Finally, Ellevest Inc. increased its holdings in Expedia Group by 5.4% in the fourth quarter. Ellevest Inc. now owns 3,404 shares of the online travel company’s stock worth $964,000 after purchasing an additional 173 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EXPE has been the subject of a number of research analyst reports. Wedbush reiterated a “neutral” rating and issued a $260.00 target price on shares of Expedia Group in a report on Tuesday, February 17th. BTIG Research reiterated a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a report on Monday, May 18th. Susquehanna lifted their target price on Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. DA Davidson lowered their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $240.00 target price on shares of Expedia Group in a report on Monday, April 27th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $284.42.

Expedia Group Trading Up 0.7%

Shares of Expedia Group stock opened at $228.88 on Friday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. The stock has a 50 day moving average price of $234.33 and a two-hundred day moving average price of $247.76. The stock has a market capitalization of $28.05 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 0.69 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during 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 company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 earnings per share. As a group, equities analysts anticipate that Expedia Group, Inc. will post 17.07 earnings per share 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. Investors of record on Thursday, May 28th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. Expedia Group’s payout ratio is presently 16.90%.

Insider Activity

In related news, CAO Lance A. Soliday sold 940 shares of Expedia Group 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 owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.20% of the stock is currently owned by insiders.

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.