Eurizon Capital SGR S.p.A. Makes New $4.18 Million Investment in Expedia Group, Inc. $EXPE

Eurizon Capital SGR S.p.A. acquired a new position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,748 shares of the online travel company’s stock, valued at approximately $4,181,000.

Several other large investors have also recently bought and sold shares of the business. Orion Porfolio Solutions LLC raised its position in Expedia Group by 0.4% in the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after acquiring an additional 38 shares in the last quarter. RHS Financial LLC raised its position in Expedia Group by 4.0% in the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after acquiring an additional 40 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after buying an additional 43 shares in the last quarter. Harbor Investment Advisory LLC increased its position in shares of Expedia Group by 16.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after buying an additional 44 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its position in shares of Expedia Group by 78.6% in the fourth 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 in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 1.1%

Expedia Group stock opened at $228.37 on Tuesday. The stock has a market cap of $27.98 billion, a PE ratio of 20.10, a P/E/G ratio of 0.69 and a beta of 1.25. The stock has a 50-day moving average price of $235.08 and a 200 day moving average price of $248.79. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. 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 (NASDAQ:EXPEGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.40 EPS. Equities research analysts predict that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on EXPE shares. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Citizens Jmp restated a “market perform” rating on shares of Expedia Group in a research report on Tuesday, February 17th. Weiss Ratings cut Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Citigroup restated a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. Finally, B. Riley Financial dropped their price target on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $284.42.

Read Our Latest Research Report on Expedia Group

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.

See Also

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

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