Milestone Asset Management LLC Takes $812,000 Position in Expedia Group, Inc. $EXPE

Milestone Asset Management LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,811 shares of the online travel company’s stock, valued at approximately $812,000.

A number of other institutional investors also recently modified their holdings of the company. Hunter Associates Investment Management LLC grew its position in Expedia Group by 10.2% during the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock valued at $5,051,000 after buying an additional 2,776 shares during the period. OMNI 360 Wealth Inc. bought a new position in Expedia Group during the second quarter valued at about $325,000. Korea Investment CORP grew its position in Expedia Group by 55.1% during the first quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after buying an additional 63,244 shares during the period. Los Angeles Capital Management LLC grew its position in Expedia Group by 3,369.4% during the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after buying an additional 999,454 shares during the period. Finally, Crossmark Global Holdings Inc. grew its position in Expedia Group by 54.7% during the first quarter. Crossmark Global Holdings Inc. now owns 17,968 shares of the online travel company’s stock valued at $3,020,000 after buying an additional 6,355 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Trading Down 2.0%

Shares of EXPE opened at $215.61 on Tuesday. The company has a market capitalization of $26.67 billion, a P/E ratio of 26.42, a P/E/G ratio of 1.15 and a beta of 1.56. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98. The firm’s 50 day simple moving average is $218.53 and its 200 day simple moving average is $190.49. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 19.61%.

Analyst Ratings Changes

Several research firms recently weighed in on EXPE. Morgan Stanley increased their price target on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Barclays boosted their price target on shares of Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. KeyCorp assumed coverage on shares of Expedia Group in a report on Wednesday, October 22nd. They issued a “sector weight” rating for the company. B. Riley raised their price objective on shares of Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, DA Davidson raised their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $214.29.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the transaction, the insider directly owned 77,075 shares in the company, valued at approximately $15,479,743. The trade was a 4.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is owned by company insiders.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.