Leith Wheeler Investment Counsel Ltd. Has $17.87 Million Stock Holdings in Expedia Group, Inc. $EXPE

Leith Wheeler Investment Counsel Ltd. grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 105,966 shares of the online travel company’s stock after purchasing an additional 760 shares during the period. Expedia Group comprises about 1.1% of Leith Wheeler Investment Counsel Ltd.’s portfolio, making the stock its 25th largest position. Leith Wheeler Investment Counsel Ltd. owned approximately 0.08% of Expedia Group worth $17,874,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EXPE. Altman Advisors Inc. grew its position in Expedia Group by 0.5% in the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company’s stock valued at $2,093,000 after purchasing an additional 65 shares in the last quarter. Horizon Investments LLC grew its position in Expedia Group by 4.4% in the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock valued at $299,000 after purchasing an additional 75 shares in the last quarter. Moody National Bank Trust Division grew its position in Expedia Group by 1.7% in the second quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock valued at $821,000 after purchasing an additional 80 shares in the last quarter. SVB Wealth LLC grew its position in Expedia Group by 3.6% in the first quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company’s stock valued at $405,000 after purchasing an additional 84 shares in the last quarter. Finally, First Pacific Financial grew its position in Expedia Group by 60.0% in the second quarter. First Pacific Financial now owns 240 shares of the online travel company’s stock valued at $40,000 after purchasing an additional 90 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares in the company, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of EXPE opened at $210.33 on Monday. The firm has a 50-day moving average of $212.42 and a 200-day moving average of $182.81. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The company has a market cap of $26.02 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 1.10 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, August 28th. Expedia Group’s dividend payout ratio (DPR) is currently 19.61%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Expedia Group in a research report on Wednesday, July 23rd. Wedbush raised their target price on shares of Expedia Group from $175.00 to $220.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Benchmark raised their target price on shares of Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 8th. BTIG Research reissued a “buy” rating and issued a $250.00 price objective on shares of Expedia Group in a research report on Tuesday, September 9th. Finally, Barclays lifted their price objective on shares of Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $209.00.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.