2,568 Shares in Expedia Group, Inc. $EXPE Acquired by Lmcg Investments LLC

Key Points

• Lmcg Investments LLC has acquired 2,568 shares of Expedia Group, valued at approximately $433,000, indicating growing interest from hedge funds in the online travel company.
• Expedia Group recently reported earnings of $4.24 per share, exceeding analysts' expectations, along with a 6.4% year-over-year revenue growth to $3.79 billion.
• The company declared a quarterly dividend of $0.40 per share, reflecting a 0.8% dividend yield and a 19.61% payout ratio, demonstrating a commitment to returning value to shareholders.

Lmcg Investments LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,568 shares of the online travel company's stock, valued at approximately $433,000.

Other hedge funds have also made changes to their positions in the company. Hunter Associates Investment Management LLC lifted its holdings in shares of Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock worth $5,051,000 after buying an additional 2,776 shares during the period. OMNI 360 Wealth Inc. purchased a new stake in shares of Expedia Group in the 2nd quarter worth $325,000. Praxis Investment Management Inc. lifted its holdings in shares of Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock worth $775,000 after buying an additional 1,790 shares during the period. Korea Investment CORP lifted its holdings in shares of Expedia Group by 55.1% in the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company's stock worth $29,911,000 after buying an additional 63,244 shares during the period. Finally, Monument Capital Management purchased a new stake in shares of Expedia Group in the 1st quarter worth $2,261,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Down 3.0%

Shares of EXPE stock opened at $210.33 on Friday. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98. The stock's fifty day moving average price is $212.42 and its 200 day moving average price is $182.72. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market cap of $26.02 billion, a price-to-earnings ratio of 25.78, a price-to-earnings-growth ratio of 1.10 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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 return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the previous year, the business earned $3.51 EPS. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, August 28th. Expedia Group's payout ratio is 19.61%.

Analyst Ratings Changes

EXPE has been the subject of several research reports. Barclays upped their target price on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Piper Sandler boosted their price target on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research report on Friday, August 8th. Citigroup boosted their price target on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Oppenheimer reissued an "outperform" rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, Mizuho initiated coverage on Expedia Group in a research report on Tuesday, September 30th. They issued a "neutral" rating and a $240.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $209.00.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 3,306 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the sale, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. The trade was a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 in the last ninety days. 9.13% of the stock is owned by insiders.

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.

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