Founders Financial Alliance LLC Buys Shares of 1,295 Expedia Group, Inc. (NASDAQ:EXPE)

Key Points

• Founders Financial Alliance LLC has purchased 1,295 shares of Expedia Group, valued at approximately $218,000, indicating growing investment interest in the online travel company.
• Expedia Group recently reported strong quarterly earnings with an EPS of $4.24, exceeding analysts' expectations and reflecting year-over-year revenue growth of 6.4%.
• The company declared a quarterly dividend of $0.40 per share, which contributes to an annualized dividend yield of 0.8%, highlighting its commitment to returning value to shareholders.

Founders Financial Alliance LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,295 shares of the online travel company's stock, valued at approximately $218,000.

Several other hedge funds have also recently bought and sold shares of EXPE. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group in the 4th quarter worth approximately $27,000. McClarren Financial Advisors Inc. purchased a new position in shares of Expedia Group in the first quarter worth approximately $28,000. Park Square Financial Group LLC purchased a new position in shares of Expedia Group in the first quarter worth approximately $34,000. Optiver Holding B.V. purchased a new position in shares of Expedia Group in the fourth quarter worth approximately $38,000. Finally, Banque Transatlantique SA purchased a new position in shares of Expedia Group in the fourth quarter worth approximately $45,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Performance

Expedia Group stock traded up $10.56 on Tuesday, hitting $203.19. The company's stock had a trading volume of 2,429,410 shares, compared to its average volume of 1,929,584. The firm has a market cap of $25.83 billion, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 0.89 and a beta of 1.61. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a fifty day moving average price of $177.16 and a 200-day moving average price of $172.82. Expedia Group, Inc. has a one year low of $126.46 and a one year high of $213.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the prior year, the firm earned $3.51 EPS. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Expedia Group's dividend payout ratio is presently 19.61%.

Wall Street Analyst Weigh In

EXPE has been the topic of several analyst reports. BTIG Research set a $250.00 target price on shares of Expedia Group and gave the stock a "buy" rating in a research report on Friday. Barclays lifted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research report on Friday. Truist Financial decreased their price target on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a report on Tuesday, June 24th. UBS Group raised their price target on shares of Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a report on Friday. Finally, Wedbush raised their price target on shares of Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a report on Friday. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $206.04.

Expedia Group Company 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.