AMJ Financial Wealth Management Purchases New Position in Expedia Group, Inc. $EXPE

AMJ Financial Wealth Management purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 13,952 shares of the online travel company’s stock, valued at approximately $3,953,000.

A number of other hedge funds have also modified their holdings of EXPE. JFS Wealth Advisors LLC raised its position in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. Lodestone Wealth Management LLC bought a new stake in Expedia Group during the 4th quarter worth approximately $29,000. Grey Fox Wealth Advisors LLC bought a new stake in Expedia Group during the 3rd quarter worth approximately $30,000. Rossby Financial LCC increased its stake in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after purchasing an additional 82 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after purchasing an additional 165 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Trading Up 0.3%

EXPE stock opened at $217.73 on Friday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The company has a fifty day moving average price of $238.81 and a two-hundred day moving average price of $249.39. Expedia Group, Inc. has a one year low of $156.05 and a one year high of $303.80. The stock has a market cap of $26.68 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 0.68 and a beta of 1.30.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the firm earned $0.40 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis. Equities analysts anticipate that Expedia Group, Inc. will post 16.64 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s payout ratio is 16.90%.

Analysts Set New Price Targets

A number of research firms recently issued reports on EXPE. Cantor Fitzgerald reissued a “neutral” rating and set a $240.00 target price on shares of Expedia Group in a research note on Monday, April 27th. Citizens Jmp reissued a “market perform” rating on shares of Expedia Group in a research note on Tuesday, February 17th. Weiss Ratings cut shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Wedbush reaffirmed a “neutral” rating and set a $260.00 price target on shares of Expedia Group in a research note on Tuesday, February 17th. Finally, B. Riley Financial decreased their price target on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $285.15.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the transaction, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.81% of the stock is currently 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.