Western Wealth Management LLC Buys New Stake in Expedia Group, Inc. $EXPE

Western Wealth Management LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,421 shares of the online travel company’s stock, valued at approximately $240,000.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Vanguard Group Inc. grew its stake in shares of Expedia Group by 2.7% in the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after buying an additional 394,147 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Expedia Group by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after acquiring an additional 58,244 shares during the period. Alkeon Capital Management LLC grew its position in Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after acquiring an additional 398,804 shares in the last quarter. AQR Capital Management LLC grew its position in Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after acquiring an additional 917,192 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Expedia Group during the first quarter worth about $227,174,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.13% of the stock is currently owned by company insiders.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $239.96 on Thursday. The stock’s 50-day simple moving average is $226.34 and its 200-day simple moving average is $197.84. The firm has a market capitalization of $29.40 billion, a PE ratio of 29.41, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $279.61. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

Wall Street Analyst Weigh In

EXPE has been the subject of several recent research reports. Susquehanna raised their price objective on shares of Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 10th. Wedbush raised their price target on shares of Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Barclays boosted their price target on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. Piper Sandler upgraded Expedia Group from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $190.00 to $250.00 in a research note on Friday, November 7th. Finally, HSBC lifted their target price on Expedia Group from $232.00 to $272.00 and gave the company a “buy” rating in a report on Friday, November 7th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $265.31.

Expedia Group Company 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.