Illinois Municipal Retirement Fund Purchases 3,617 Shares of Expedia Group, Inc. $EXPE

Illinois Municipal Retirement Fund boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,732 shares of the online travel company’s stock after acquiring an additional 3,617 shares during the period. Illinois Municipal Retirement Fund owned 0.09% of Expedia Group worth $30,805,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Entrust Financial LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at $26,000. JFS Wealth Advisors LLC increased its holdings in shares of Expedia Group by 78.6% in the fourth 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 during the period. Lodestone Wealth Management LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth $29,000. Rossby Financial LCC boosted its stake in Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after buying an additional 82 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of Expedia Group stock opened at $218.94 on Thursday. The firm has a market capitalization of $26.83 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 0.60 and a beta of 1.25. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 12 month low of $160.00 and a 12 month high of $303.80. The business’s 50-day moving average price is $234.15 and its 200-day moving average price is $247.51.

Expedia Group (NASDAQ:EXPE) last released 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 in the previous year, the company posted $0.40 EPS. Expedia Group’s quarterly revenue was up 14.7% compared to the same quarter last year. Sell-side analysts forecast that Expedia Group, Inc. will post 17.07 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio is 16.90%.

Insiders Place Their Bets

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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed 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 dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the sale, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on EXPE shares. Truist Financial decreased their target price on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research note on Monday, April 6th. Citigroup reiterated a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. Piper Sandler boosted their price objective on Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. DA Davidson decreased their price objective on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $240.00 target price on shares of Expedia Group in a research note on Monday, April 27th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $284.42.

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.