RFG Advisory LLC Grows Position in Expedia Group, Inc. $EXPE

RFG Advisory LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 223.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,075 shares of the online travel company’s stock after purchasing an additional 2,124 shares during the quarter. RFG Advisory LLC’s holdings in Expedia Group were worth $710,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Expedia Group in the fourth quarter valued at $861,979,000. Wellington Management Group LLP grew its position in shares of Expedia Group by 24,899.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after acquiring an additional 1,801,232 shares during the period. AQR Capital Management LLC grew its position in shares of Expedia Group by 25.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after acquiring an additional 728,063 shares during the period. First Trust Advisors LP grew its holdings in Expedia Group by 594.0% in the 4th quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock valued at $165,405,000 after buying an additional 499,706 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in shares of Expedia Group by 55.0% in the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock worth $364,363,000 after acquiring an additional 456,176 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Up 0.9%

Shares of NASDAQ:EXPE opened at $265.28 on Tuesday. 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 firm has a market capitalization of $32.51 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of 0.69 and a beta of 1.25. The firm’s 50-day moving average is $236.50 and its two-hundred day moving average is $246.23. Expedia Group, Inc. has a 1 year low of $167.35 and a 1 year high of $303.80.

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

Expedia Group Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Truist Financial reduced their price target on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Citigroup reissued a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Weiss Ratings downgraded shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. BTIG Research reiterated a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a report on Tuesday, June 9th. Finally, Piper Sandler boosted their target price on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average target price of $284.42.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares in the company, valued at $24,569,384. This represents a 4.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 5.20% of the company’s stock.

About Expedia Group

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.