Illinois Municipal Retirement Fund Raises Stock Holdings in Expedia Group, Inc. $EXPE

Illinois Municipal Retirement Fund boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 108,732 shares of the online travel company’s stock after buying an additional 3,617 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Expedia Group were worth $30,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in shares of Expedia Group in the fourth quarter valued at about $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new stake in shares of Expedia Group during the fourth quarter worth about $29,000. Rossby Financial LCC grew its stake in shares of Expedia Group by 103.8% in the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after purchasing an additional 82 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $218.94 on Thursday. Expedia Group, Inc. has a fifty-two week low of $160.00 and a fifty-two week high of $303.80. The stock’s 50 day simple moving average is $234.15 and its two-hundred day simple moving average is $247.51. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $26.83 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 0.60 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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 company 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 firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.40 EPS. As a group, analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio is currently 16.90%.

Analyst Ratings Changes

A number of research firms have commented on EXPE. Robert W. Baird set a $290.00 price target on Expedia Group in a research report on Friday, May 8th. Barclays boosted their target price on Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Citic Securities decreased their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a report on Friday, May 15th. Bank of America raised their price target on Expedia Group from $303.00 to $306.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Piper Sandler lifted their price target on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and a consensus target price of $284.42.

Insider Activity

In related news, CAO Lance A. Soliday sold 940 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The shares were 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 trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.

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.