Hohimer Wealth Management LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 34.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 23,183 shares of the online travel company’s stock after buying an additional 6,001 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Expedia Group were worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXPE. Team Financial Group LLC bought a new stake in Expedia Group during the 3rd quarter worth approximately $26,000. Valley National Advisers Inc. boosted its position in shares of Expedia Group by 900.0% in the third quarter. Valley National Advisers Inc. now owns 100 shares of the online travel company’s stock worth $26,000 after purchasing an additional 90 shares during the period. First Bancorp Inc ME bought a new position in shares of Expedia Group in the second quarter worth approximately $28,000. Elevation Wealth Partners LLC increased its stake in shares of Expedia Group by 272.9% in the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after purchasing an additional 131 shares in the last quarter. Finally, Covestor Ltd increased its stake in shares of Expedia Group by 34.2% in the third quarter. Covestor Ltd now owns 263 shares of the online travel company’s stock worth $69,000 after purchasing an additional 67 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.
Expedia Group Price Performance
Shares of Expedia Group stock opened at $259.24 on Monday. The firm has a market cap of $31.11 billion, a PE ratio of 15.13, a PEG ratio of 0.62 and a beta of 1.39. The stock has a 50 day moving average of $281.80 and a 200 day moving average of $259.47. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.62. Expedia Group, Inc. has a 12 month low of $185.34 and a 12 month high of $342.00.
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The online travel company reported $9.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. The business had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.73 billion. Expedia Group had a return on equity of 91.03% and a net margin of 12.98%. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.57 EPS. On average, research analysts expect that Expedia Group, Inc. will post 17.37 EPS for the current fiscal year.
Expedia Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 11.21%.
Insider Activity at Expedia Group
In other Expedia Group news, Director Craig A. Jacobson sold 3,133 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the completion of the transaction, the director owned 29,832 shares in the company, valued at $9,800,408.64. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 2,810 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the transaction, the chief accounting officer owned 12,006 shares of the company’s stock, valued at $3,885,741.90. This trade represents a 18.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 11,950 shares of company stock valued at $3,881,995. 5.20% of the stock is owned by corporate insiders.
Key Stories Impacting Expedia Group
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Expedia beat analysts’ Q3 earnings and revenue estimates, with revenue up year over year. It also raised its 2026 outlook, citing B2B growth, strong travel demand and margin improvement. Expedia Group Q3 Earnings & Revenues Beat Estimates
- Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, payable December 10 to shareholders of record November 18. Expedia declares a dividend
- Neutral Sentiment: Analyst actions were mixed: Susquehanna and JPMorgan lowered their price targets while keeping neutral ratings; Cantor Fitzgerald raised its target, also maintaining a neutral rating. These changes indicate continued caution despite targets remaining above the share price. Susquehanna analyst action
- Negative Sentiment: The main overhang is Expedia’s below-par Q4 revenue and bookings forecast. Management pointed to softer demand and geopolitical uncertainty, raising concerns that travel-sector headwinds could persist near term. Reuters: Expedia shares slide after forecast fuels concerns
- Negative Sentiment: Travel stocks also faced a relative-sentiment headwind: Airbnb rallied after reporting faster growth and raising its outlook, while Expedia and Booking Holdings fell. Airbnb rally contrasts with Expedia and Booking
Analyst Upgrades and Downgrades
Several analysts have recently commented on EXPE shares. Piper Sandler restated a “neutral” rating and set a $335.00 price objective (up from $325.00) on shares of Expedia Group in a research report on Thursday. Citigroup dropped their target price on shares of Expedia Group from $345.00 to $330.00 and set a “neutral” rating for the company in a report on Friday. UBS Group cut their price target on Expedia Group from $351.00 to $328.00 and set a “neutral” rating for the company in a research note on Tuesday, November 3rd. Truist Financial decreased their price target on Expedia Group from $309.00 to $288.00 and set a “hold” rating on the stock in a report on Wednesday, September 30th. Finally, Morgan Stanley cut Expedia Group from an “equal weight” rating to an “underweight” rating and set a $235.00 price target on the stock. in a report on Wednesday, September 16th. Sixteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $314.68.
Check Out Our Latest Research Report on Expedia Group
Expedia Group Company Profile
Expedia Group, Inc is an online travel company that connects travelers with lodging, flights, rental cars, cruises, vacation packages and activities. Its consumer-facing brands include Expedia, Hotels.com and Vrbo, which specializes in vacation rentals. The company also provides travel technology and booking services to business partners.
Founded in 1996 as a division of Microsoft, Expedia became an independent public company in 1999. It serves travelers and lodging partners in markets around the world through its websites and mobile apps.
Expedia Group is headquartered in Seattle, Washington.
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