Waterloo Capital L.P. Acquires Shares of 1,201 Expedia Group, Inc. $EXPE

Waterloo Capital L.P. bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 1,201 shares of the online travel company’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also recently modified their holdings of EXPE. Brighton Jones LLC purchased a new position in shares of Expedia Group in the 4th quarter worth about $408,000. Avantax Advisory Services Inc. increased its stake in Expedia Group by 19.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 4,351 shares of the online travel company’s stock valued at $731,000 after purchasing an additional 723 shares in the last quarter. TD Asset Management Inc raised its holdings in Expedia Group by 41.7% in the first quarter. TD Asset Management Inc now owns 155,799 shares of the online travel company’s stock worth $26,190,000 after buying an additional 45,813 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Expedia Group by 74.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,992 shares of the online travel company’s stock worth $9,748,000 after buying an additional 24,804 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in shares of Expedia Group by 8.6% in the first quarter. Mackenzie Financial Corp now owns 115,788 shares of the online travel company’s stock worth $19,464,000 after buying an additional 9,153 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Trading Up 3.6%

Expedia Group stock opened at $258.14 on Wednesday. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $279.61. The company has a market cap of $31.63 billion, a P/E ratio of 31.63, 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. The business has a 50-day simple moving average of $228.20 and a two-hundred day simple moving average of $200.41.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the firm earned $6.13 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s payout ratio is currently 15.31%.

Analyst Upgrades and Downgrades

EXPE has been the subject of several analyst reports. KeyCorp initiated coverage on shares of Expedia Group in a research report on Wednesday, October 22nd. They set a “sector weight” rating for the company. Wedbush lifted their target price on Expedia Group from $230.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Citigroup boosted their price target on Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. Jefferies Financial Group increased their price objective on Expedia Group from $220.00 to $270.00 in a research report on Monday, November 10th. Finally, Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a report on Monday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $265.31.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated 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 owned 30,858 shares of the company’s stock, valued at $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.13% of the company’s stock.

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.