Wakefield Asset Management LLLP Has $5.07 Million Holdings in Expedia Group, Inc. $EXPE

Wakefield Asset Management LLLP boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 417.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,880 shares of the online travel company’s stock after buying an additional 14,423 shares during the quarter. Expedia Group makes up approximately 1.4% of Wakefield Asset Management LLLP’s investment portfolio, making the stock its 10th biggest holding. Wakefield Asset Management LLLP’s holdings in Expedia Group were worth $5,066,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JFS Wealth Advisors LLC raised its holdings in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new stake in Expedia Group during the 4th quarter valued at $29,000. Grey Fox Wealth Advisors LLC purchased a new stake in Expedia Group during the 3rd quarter valued at $30,000. Rossby Financial LCC raised its holdings in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after buying an additional 82 shares during the period. Finally, Sunbelt Securities Inc. raised 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 buying an additional 165 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.81% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on EXPE shares. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Citizens Jmp restated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. The Goldman Sachs Group increased their price target on Expedia Group from $325.00 to $355.00 and gave the company a “buy” rating in a report on Friday, February 13th. Wedbush restated a “neutral” rating and set a $260.00 price target on shares of Expedia Group in a report on Tuesday, February 17th. Finally, BTIG Research reiterated a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a research note on Friday, May 8th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $285.15.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $217.73 on Friday. The firm has a market cap of $26.68 billion, a P/E ratio of 19.17, a P/E/G ratio of 0.68 and a beta of 1.30. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 12 month low of $156.05 and a 12 month high of $303.80. The stock’s fifty day moving average price is $238.81 and its 200-day moving average price is $249.39.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 earnings per share. On average, equities research analysts expect that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.

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.