Illinois Municipal Retirement Fund Grows Position in Expedia Group, Inc. $EXPE

Illinois Municipal Retirement Fund increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 110,782 shares of the online travel company’s stock after purchasing an additional 2,050 shares during the period. Illinois Municipal Retirement Fund’s holdings in Expedia Group were worth $25,578,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EXPE. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group in the 4th quarter worth about $26,000. JFS Wealth Advisors LLC lifted its position in Expedia Group by 78.6% during 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 purchased a new position in Expedia Group during the 4th quarter valued at about $29,000. 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 worth $39,000 after acquiring an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the business’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 completion of the transaction, the insider owned 105,448 shares in the company, valued at $24,569,384. The trade was a 4.27% 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. Also, CAO Lance A. Soliday sold 940 shares of the company’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 transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Expedia Group Trading Up 0.3%

Shares of NASDAQ EXPE opened at $267.11 on Thursday. The firm’s 50 day moving average price is $239.13 and its 200-day moving average price is $244.73. The company has a market cap of $32.73 billion, a PE ratio of 23.51, a P/E/G ratio of 0.70 and a beta of 1.23. Expedia Group, Inc. has a 52-week low of $174.05 and a 52-week high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. The company 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 quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.40 earnings per share. On average, equities research analysts expect that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. DA Davidson cut their price objective on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a report on Monday, May 18th. Argus boosted their price target on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Barclays upped their price target on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Weiss Ratings lowered Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $286.58.

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.