CreativeOne Wealth LLC Invests $369,000 in Expedia Group, Inc. $EXPE

Key Points

• CreativeOne Wealth LLC acquired a new stake in Expedia Group, Inc., purchasing 2,195 shares valued at approximately $369,000 during the first quarter.
• Expedia Group's stock has shown strong performance, with a recent earnings report revealing $4.24 EPS, exceeding analysts' expectations and showcasing a 6.4% increase in quarterly revenue year-over-year.
• The company announced a quarterly dividend of $0.40, which will be paid to shareholders, reflecting a dividend yield of 0.7% and a payout ratio of 19.61%.

CreativeOne Wealth LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,195 shares of the online travel company's stock, valued at approximately $369,000.

Other institutional investors have also recently made changes to their positions in the company. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $27,000. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group during the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Expedia Group during the 1st quarter worth approximately $28,000. Park Square Financial Group LLC acquired a new position in shares of Expedia Group during the 1st quarter worth approximately $34,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Expedia Group during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on EXPE shares. Wedbush lifted their target price on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. Truist Financial reduced their target price on Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a research note on Tuesday, June 24th. Piper Sandler lifted their target price on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research note on Friday, August 8th. Bank of America lifted their target price on Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Finally, UBS Group lifted their target price on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $205.63.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded up $3.98 during trading on Thursday, reaching $216.52. 1,103,078 shares of the company traded hands, compared to its average volume of 2,072,621. The company's 50 day moving average is $191.34 and its two-hundred day moving average is $176.16. The firm has a market capitalization of $26.79 billion, a PE ratio of 26.53, a PEG ratio of 1.10 and a beta of 1.57. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a 52 week low of $126.46 and a 52 week high of $217.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's dividend payout ratio is presently 19.61%.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 3,306 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider directly owned 77,075 shares of the company's stock, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company's stock.

Expedia Group 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.