Stephens Inc. AR Grows Holdings in Expedia Group, Inc. $EXPE

Stephens Inc. AR boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 261.2% in the 4th quarter, Holdings Channel reports. The firm owned 8,108 shares of the online travel company’s stock after purchasing an additional 5,863 shares during the period. Stephens Inc. AR’s holdings in Expedia Group were worth $2,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JFS Wealth Advisors LLC raised its position in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in Expedia Group in the 4th quarter valued at $29,000. Grey Fox Wealth Advisors LLC purchased a new position in Expedia Group during the 3rd quarter worth $30,000. Rossby Financial LCC raised its position in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on EXPE. Robert W. Baird set a $290.00 price objective on shares of Expedia Group in a research report on Friday, May 8th. Susquehanna upped their price objective on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Wells Fargo & Company cut their price objective on shares of Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Cantor Fitzgerald restated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Finally, UBS Group cut their price objective on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $284.42.

Check Out Our Latest Analysis on EXPE

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the sale, the insider directly owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 9.81% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE opened at $214.99 on Tuesday. The company has a 50-day simple moving average of $238.08 and a 200-day simple moving average of $249.50. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The company has a market capitalization of $26.34 billion, a PE ratio of 18.93, a P/E/G ratio of 0.68 and a beta of 1.30. Expedia Group, Inc. has a 52-week low of $156.05 and a 52-week high of $303.80.

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

Expedia Group Announces Dividend

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

Expedia Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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