Expedia Group, Inc. $EXPE Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP lowered its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 445,791 shares of the online travel company’s stock after selling 7,718 shares during the period. Quantinno Capital Management LP’s holdings in Expedia Group were worth $102,929,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of EXPE. RHS Financial LLC raised its position in Expedia Group by 4.0% in the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after acquiring an additional 40 shares in the last quarter. Petredis Investment Advisors LLC lifted its holdings in Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after acquiring an additional 40 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after purchasing an additional 43 shares in the last quarter. JFS Wealth Advisors LLC boosted 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 valued at $28,000 after purchasing an additional 44 shares in the last quarter. Finally, Ballentine Partners LLC grew its stake in shares of Expedia Group by 2.2% in the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock worth $630,000 after purchasing an additional 47 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $278.37 on Tuesday. The company’s fifty day moving average is $245.80 and its two-hundred day moving average is $243.54. The company has a market cap of $34.11 billion, a P/E ratio of 24.50, a price-to-earnings-growth ratio of 0.68 and a beta of 1.23. Expedia Group, Inc. has a 12-month low of $174.05 and a 12-month high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the firm posted $0.40 earnings per share. Expedia Group’s revenue was up 14.7% compared to the same quarter last year. Equities analysts expect that Expedia Group, Inc. will post 17.04 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were paid 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 is currently 16.90%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on EXPE. BTIG Research reiterated a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a research report on Tuesday, June 9th. Citic Securities cut their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Barclays upped their target price on Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Argus increased their price target on Expedia Group from $270.00 to $315.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Wedbush started coverage on Expedia Group in a research note on Thursday, July 16th. They issued an “outperform” rating and a $334.00 price target on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $288.64.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. The trade was a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated 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. This represents 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 currently owned by corporate insiders.

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.