Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 54.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,968 shares of the online travel company's stock after acquiring an additional 6,355 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Expedia Group were worth $3,020,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of Expedia Group by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 186,764 shares of the online travel company's stock worth $31,395,000 after buying an additional 3,251 shares in the last quarter. Wayfinding Financial LLC bought a new position in shares of Expedia Group during the 1st quarter worth $61,000. Olde Wealth Management LLC bought a new position in shares of Expedia Group during the 1st quarter worth $77,000. Catalyst Capital Advisors LLC bought a new position in shares of Expedia Group during the 1st quarter worth $1,933,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Expedia Group during the 1st quarter worth $4,458,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

Shares of EXPE traded up $0.67 during trading hours on Friday, hitting $183.64. 1,239,003 shares of the stock were exchanged, compared to its average volume of 1,899,449. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 12-month low of $110.20 and a 12-month high of $207.73. The company has a market cap of $23.34 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 0.84 and a beta of 1.57. The stock's 50-day moving average price is $168.12 and its two-hundred day moving average price is $172.81.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. Research analysts expect 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 was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Thursday, May 29th. Expedia Group's payout ratio is currently 18.87%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on EXPE shares. The Goldman Sachs Group dropped their price target on Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Truist Financial reduced their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. JPMorgan Chase & Co. lowered their price target on Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Bank of America raised their price target on Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Finally, UBS Group lowered their price target on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $187.19.

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.