Expedia Group, Inc. $EXPE Shares Acquired by Cumberland Partners Ltd

Cumberland Partners Ltd boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 241.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,160 shares of the online travel company’s stock after acquiring an additional 29,110 shares during the period. Cumberland Partners Ltd’s holdings in Expedia Group were worth $6,943,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EXPE. Spire Wealth Management grew its stake 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 buying an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. bought a new position in shares of Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group in the 1st quarter worth about $28,000. GFG Capital LLC bought a new stake in Expedia Group in the 2nd quarter valued at about $29,000. Finally, Trust Co. of Toledo NA OH bought a new stake in Expedia Group in the 2nd quarter valued at about $31,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXPE has been the topic of several analyst reports. Mizuho raised their price target on shares of Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Rothschild & Co Redburn boosted 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. TD Cowen increased their price target on Expedia Group from $220.00 to $256.00 in a research note on Friday, November 7th. Robert W. Baird boosted their price objective on Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, JPMorgan Chase & Co. raised their target price on Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have given a Hold rating to the stock. According to MarketBeat, Expedia Group presently has a consensus rating of “Moderate Buy” and an average target price of $265.31.

Expedia Group Stock Performance

EXPE stock opened at $239.96 on Thursday. The firm has a 50 day moving average of $226.34 and a two-hundred day moving average of $197.84. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $279.61. The company has a market capitalization of $29.40 billion, a price-to-earnings ratio of 29.41, a P/E/G ratio of 1.15 and a beta of 1.58. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 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 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio is 15.31%.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total value of $814,650.00. Following the transaction, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.13% of the company’s stock.

About Expedia Group

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.