Intech Investment Management LLC Has $7.18 Million Holdings in Expedia Group, Inc. $EXPE

Intech Investment Management LLC grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 142.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,354 shares of the online travel company’s stock after purchasing an additional 14,902 shares during the period. Intech Investment Management LLC’s holdings in Expedia Group were worth $7,183,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Entrust Financial LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC grew its position in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $29,000. Rossby Financial LCC lifted its holdings in shares of 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 acquiring an additional 82 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of 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 acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on EXPE. Argus cut their price target on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Sanford C. Bernstein cut their price target on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a report on Wednesday, March 11th. BMO Capital Markets upped their price target on shares of Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Mizuho cut their price target on shares of Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Finally, Wells Fargo & Company cut their price target on shares of Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $284.42.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the transaction, the insider owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $225.79 on Friday. The company has a market cap of $27.67 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 0.69 and a beta of 1.30. 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 50 day simple moving average of $235.30 and a 200 day simple moving average of $249.18. Expedia Group, Inc. has a one year low of $160.00 and a one year high of $303.80.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 EPS. Research analysts predict that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.9%. Expedia Group’s dividend payout ratio is presently 16.90%.

Expedia Group 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.