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

Stephens Inc. AR decreased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 89.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 870 shares of the online travel company’s stock after selling 7,238 shares during the quarter. Stephens Inc. AR’s holdings in Expedia Group were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in Expedia Group during the fourth quarter valued at approximately $861,979,000. Wellington Management Group LLP lifted its holdings in shares of Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after acquiring an additional 1,801,232 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after acquiring an additional 728,063 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Expedia Group by 594.0% in the 4th quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock valued at $165,405,000 after purchasing an additional 499,706 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Expedia Group by 55.0% in the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock valued at $364,363,000 after purchasing an additional 456,176 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 0.2%

Shares of NASDAQ EXPE opened at $266.28 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 52 week low of $174.05 and a 52 week high of $303.80. The firm’s fifty day moving average is $238.72 and its 200 day moving average is $244.87. The company has a market cap of $32.63 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 0.70 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the prior year, the company posted $0.40 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, equities research analysts expect that Expedia Group, Inc. will post 16.98 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio is currently 16.90%.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EXPE has been the topic of a number of analyst reports. Weiss Ratings cut shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Gordon Haskett cut their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Citic Securities reduced their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Dbs Bank upgraded Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Finally, Susquehanna lifted their price objective on Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $286.58.

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.