WINTON GROUP Ltd Purchases Shares of 3,237 Expedia Group, Inc. $EXPE

WINTON GROUP Ltd acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,237 shares of the online travel company’s stock, valued at approximately $692,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in EXPE. Brighton Jones LLC purchased a new stake in Expedia Group during the fourth quarter worth $408,000. NewEdge Advisors LLC increased its holdings in Expedia Group by 5.0% in the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Expedia Group in the second quarter valued at $596,000. ProShare Advisors LLC raised its position in shares of Expedia Group by 27.0% in the second quarter. ProShare Advisors LLC now owns 23,683 shares of the online travel company’s stock worth $3,995,000 after acquiring an additional 5,028 shares during the period. Finally, Allworth Financial LP raised its position in shares of Expedia Group by 91.4% in the second quarter. Allworth Financial LP now owns 1,158 shares of the online travel company’s stock worth $195,000 after acquiring an additional 553 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In related news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.13% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of EXPE traded up $1.46 during mid-day trading on Friday, hitting $229.11. 180,574 shares of the company were exchanged, compared to its average volume of 2,875,106. The stock has a market cap of $28.07 billion, a price-to-earnings ratio of 23.21, a price-to-earnings-growth ratio of 0.71 and a beta of 1.41. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $303.80. The company has a 50 day moving average of $248.78 and a 200-day moving average of $242.85. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $3.41 billion. During the same period in the previous year, the firm posted $2.39 EPS. Expedia Group’s revenue was up 11.4% compared to the same quarter last year. Analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.48 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s dividend payout ratio is presently 19.49%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. BNP Paribas Exane began coverage on Expedia Group in a research report on Monday, November 24th. They set a “hold” rating on the stock. Sanford C. Bernstein reduced their price target on Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a report on Wednesday. Barclays increased their price target on Expedia Group from $245.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. The Goldman Sachs Group raised their price objective on Expedia Group from $325.00 to $355.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, B. Riley Financial upped their target price on Expedia Group from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Thirteen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $281.65.

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.