IFM Investors Pty Ltd Boosts Stock Position in Expedia Group, Inc. $EXPE

IFM Investors Pty Ltd raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 9.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,136 shares of the online travel company’s stock after purchasing an additional 1,924 shares during the quarter. IFM Investors Pty Ltd’s holdings in Expedia Group were worth $5,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Orion Porfolio Solutions LLC raised its position in shares of Expedia Group by 0.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock valued at $2,098,000 after acquiring an additional 38 shares during the last quarter. RHS Financial LLC boosted its position in shares of Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after purchasing an additional 40 shares during the last quarter. Petredis Investment Advisors LLC boosted its position in shares of Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after purchasing an additional 40 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Expedia Group by 8.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after purchasing an additional 43 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in 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 purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EXPE. Morgan Stanley raised their target price on Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. DA Davidson lowered their price target on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Weiss Ratings downgraded shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Piper Sandler lifted their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a report on Monday, April 27th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $284.30.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $268.69 on Friday. Expedia Group, Inc. has a 12-month low of $171.27 and a 12-month high of $303.80. The stock has a market cap of $32.93 billion, a P/E ratio of 23.65, a P/E/G ratio of 0.71 and a beta of 1.23. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The business’s 50 day moving average is $236.11 and its 200-day moving average is $246.11.

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

Expedia Group Announces Dividend

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

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction on 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 transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated 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 directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by company insiders.

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.