Annex Advisory Services LLC Purchases 36,041 Shares of Expedia Group, Inc. $EXPE

Key Points

• Annex Advisory Services LLC increased its Expedia stake by 28.6%, buying 36,041 shares in Q4 to hold 162,152 shares worth about $45.94 million (≈0.13% of the company).
• Insider sale: Robert J. Dzielak sold 8,225 shares at an average price of $220.82 on March 4, reducing his holdings by 7.43% to 102,480 shares.
• Company results and payout: Expedia beat Q expectations with $3.78 EPS and $3.55 billion revenue (up 11.4% y/y) and raised its quarterly dividend to $0.48 (annualized $1.92, ~0.8% yield).

Annex Advisory Services LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 28.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,152 shares of the online travel company's stock after purchasing an additional 36,041 shares during the period. Annex Advisory Services LLC owned about 0.13% of Expedia Group worth $45,939,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EXPE. Brighton Jones LLC bought a new stake in Expedia Group during the fourth quarter worth about $408,000. NewEdge Advisors LLC lifted its stake in Expedia Group by 5.0% during the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company's stock worth $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Expedia Group during the second quarter worth about $596,000. Daiwa Securities Group Inc. increased its holdings in shares of Expedia Group by 6.5% in the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company's stock worth $3,587,000 after buying an additional 1,290 shares during the period. Finally, AXA S.A. increased its holdings in shares of Expedia Group by 5.9% in the second quarter. AXA S.A. now owns 11,042 shares of the online travel company's stock worth $1,863,000 after buying an additional 615 shares during the period. Institutional investors own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the business's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider owned 102,480 shares in the company, valued at $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on Expedia Group from $311.00 to $310.00 and set an "equal weight" rating on the stock in a report on Tuesday. Morgan Stanley lifted their price objective on Expedia Group from $270.00 to $290.00 and gave the stock an "equal weight" rating in a report on Friday, March 27th. Evercore reiterated an "outperform" rating on shares of Expedia Group in a report on Monday, February 9th. DA Davidson decreased their price objective on Expedia Group from $294.00 to $260.00 and set a "neutral" rating on the stock in a report on Friday, February 13th. Finally, Zacks Research downgraded Expedia Group from a "strong-buy" rating to a "hold" rating in a report on Monday, March 23rd. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $282.42.

Expedia Group Stock Up 3.5%

Shares of NASDAQ:EXPE opened at $248.57 on Wednesday. Expedia Group, Inc. has a 1 year low of $144.20 and a 1 year high of $303.80. The company has a market cap of $30.46 billion, a PE ratio of 25.24, a P/E/G ratio of 0.73 and a beta of 1.33. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. The stock's 50-day moving average is $226.80 and its 200 day moving average is $245.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the previous year, the business earned $2.39 EPS. Expedia Group's revenue was up 11.4% compared to the same quarter last year. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a dividend of $0.48 per share. The ex-dividend date was Thursday, March 5th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. This is a boost from Expedia Group's previous quarterly dividend of $0.40. Expedia Group's dividend payout ratio (DPR) is presently 19.49%.

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.

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