Leith Wheeler Investment Counsel Ltd. Has $17.87 Million Stake in Expedia Group, Inc. $EXPE

Leith Wheeler Investment Counsel Ltd. boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 105,966 shares of the online travel company’s stock after acquiring an additional 760 shares during the period. Expedia Group comprises 1.1% of Leith Wheeler Investment Counsel Ltd.’s holdings, making the stock its 25th biggest position. Leith Wheeler Investment Counsel Ltd.’s holdings in Expedia Group were worth $17,874,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Altman Advisors Inc. increased its holdings in Expedia Group by 0.5% in the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company’s stock valued at $2,093,000 after buying an additional 65 shares during the period. Horizon Investments LLC increased its holdings in Expedia Group by 4.4% in the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock valued at $299,000 after buying an additional 75 shares during the period. Moody National Bank Trust Division increased its holdings in Expedia Group by 1.7% in the 2nd quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock valued at $821,000 after buying an additional 80 shares during the period. SVB Wealth LLC increased its holdings in Expedia Group by 3.6% in the 1st quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company’s stock valued at $405,000 after buying an additional 84 shares during the period. Finally, First Pacific Financial increased its holdings in Expedia Group by 60.0% in the 2nd quarter. First Pacific Financial now owns 240 shares of the online travel company’s stock valued at $40,000 after buying an additional 90 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on EXPE shares. Wall Street Zen raised shares of Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. UBS Group raised their target price on shares of Expedia Group from $182.00 to $209.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a report on Monday, August 11th. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Wedbush lifted their price target on shares of Expedia Group from $175.00 to $220.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $209.00.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last ninety days. 9.13% of the stock is currently owned by insiders.

Expedia Group Trading Down 3.0%

EXPE opened at $210.33 on Monday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $26.02 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 1.10 and a beta of 1.56. The company’s 50 day moving average price is $212.42 and its two-hundred day moving average price is $182.81.

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

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s payout ratio is presently 19.61%.

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.