Chicago Partners Investment Group LLC Takes $726,000 Position in Expedia Group, Inc. $EXPE

Key Points

• Chicago Partners Investment Group LLC has purchased a new stake in Expedia Group, Inc., acquiring 4,302 shares valued at approximately $726,000 during the second quarter.
• Expedia's stock recently saw a 3.6% increase and is trading at $226.14, with a market capitalization of $27.98 billion and a price-to-earnings ratio of 27.71.
• Brokerages have generally given Expedia a consensus rating of "Hold" with a price target averaging $211.54, while some firms like Bank of America have set a higher target of $240.00.

Chicago Partners Investment Group LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,302 shares of the online travel company's stock, valued at approximately $726,000.

A number of other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Expedia Group by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company's stock valued at $2,555,424,000 after purchasing an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC lifted its position in Expedia Group by 20.2% during the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company's stock valued at $399,284,000 after acquiring an additional 398,804 shares during the period. AQR Capital Management LLC lifted its position in Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company's stock valued at $235,592,000 after acquiring an additional 917,192 shares during the period. Nuveen LLC purchased a new position in Expedia Group during the 1st quarter valued at about $227,174,000. Finally, Northern Trust Corp lifted its position in Expedia Group by 4.4% during the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company's stock valued at $223,822,000 after acquiring an additional 55,575 shares during the period. Institutional investors own 90.76% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EXPE. Morgan Stanley lifted their price target on shares of Expedia Group from $150.00 to $165.00 and gave the company an "equal weight" rating in a research report on Monday, July 21st. Barclays lifted their price target on shares of Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Mizuho began coverage on shares of Expedia Group in a research report on Tuesday, September 30th. They set a "neutral" rating and a $240.00 price target for the company. Truist Financial lowered their price target on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a research report on Tuesday, June 24th. Finally, Bank of America lifted their price target on shares of Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-one have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $211.54.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,816 shares of company stock valued at $2,009,132. Insiders own 9.13% of the company's stock.

Expedia Group Stock Up 3.6%

EXPE opened at $226.14 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm has a 50 day moving average price of $216.41 and a 200-day moving average price of $185.46. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The stock has a market capitalization of $27.98 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 1.14 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating 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 firm had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. During the same period in the previous year, the company earned $3.51 earnings per share. The firm's quarterly revenue 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. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group's dividend payout ratio is currently 19.61%.

About Expedia Group

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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