TD Waterhouse Canada Inc. Acquires 3,342 Shares of Expedia Group, Inc. $EXPE

TD Waterhouse Canada Inc. boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 46,016 shares of the online travel company’s stock after acquiring an additional 3,342 shares during the period. TD Waterhouse Canada Inc.’s holdings in Expedia Group were worth $12,173,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Windacre Partnership LLC grew its stake in shares of Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after acquiring an additional 309,900 shares during the period. AQR Capital Management LLC boosted its holdings in Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after purchasing an additional 728,063 shares during the last quarter. Invesco Ltd. boosted its holdings in Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after purchasing an additional 230,176 shares during the last quarter. Norges Bank bought a new stake in Expedia Group in the 4th quarter worth approximately $861,979,000. Finally, Wellington Management Group LLP grew its position in 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 purchasing an additional 1,801,232 shares during the period. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, Director Craig Jacobson sold 3,133 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 29,832 shares in the company, valued at approximately $9,800,408.64. This trade represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Dzielak sold 1,004 shares of Expedia Group stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $335.00, for a total transaction of $336,340.00. Following the transaction, the insider directly owned 104,331 shares in the company, valued at $34,950,885. This represents a 0.95% decrease in their position. The SEC filing for this sale provides additional information. In 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.

Expedia Group Trading Down 1.7%

Shares of EXPE stock opened at $298.04 on Friday. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market cap of $35.77 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 0.73 and a beta of 1.25. Expedia Group, Inc. has a 1 year low of $185.34 and a 1 year high of $342.00. The firm has a fifty day moving average price of $294.84 and a 200-day moving average price of $253.83.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.22 by $0.54. The business had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.Expedia Group’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.24 earnings per share. As a group, equities analysts predict that Expedia Group, Inc. will post 17.15 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio is currently 11.97%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EXPE shares. Morgan Stanley increased their price target on Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Citic Securities cut their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a report on Friday, May 15th. Argus lifted their price objective on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Finally, Wall Street Zen cut Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Eighteen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $318.71.

Expedia Group 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.