CSM Advisors LLC Has $15.68 Million Position in Expedia Group, Inc. $EXPE

Key Points

• CSM Advisors LLC reduced its stake in Expedia Group by 1.7%, now holding 93,269 shares, which constitutes around 0.9% of its portfolio.
• Multiple institutional investors, including Vanguard Group and Alkeon Capital Management, have increased their holdings in Expedia Group, indicating ongoing investor interest.
• The company reported strong financial performance with a Q2 earnings per share of $4.24, surpassing analysts' expectations, and announced a quarterly dividend of $0.40.

CSM Advisors LLC cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 1.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,269 shares of the online travel company's stock after selling 1,605 shares during the period. Expedia Group comprises about 0.9% of CSM Advisors LLC's investment portfolio, making the stock its 27th biggest holding. CSM Advisors LLC owned approximately 0.07% of Expedia Group worth $15,682,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of EXPE. Quantitative Investment Management LLC purchased a new position in Expedia Group in the first quarter valued at about $1,558,000. Jump Financial LLC boosted its stake in shares of Expedia Group by 1,322.8% during the 1st quarter. Jump Financial LLC now owns 39,996 shares of the online travel company's stock valued at $6,723,000 after buying an additional 37,185 shares during the last quarter. SVB Wealth LLC boosted its stake in shares of Expedia Group by 3.6% during the 1st quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company's stock valued at $405,000 after buying an additional 84 shares during the last quarter. Allstate Corp grew its position in shares of Expedia Group by 4.2% during the first quarter. Allstate Corp now owns 3,844 shares of the online travel company's stock worth $646,000 after buying an additional 156 shares in the last quarter. Finally, Gitterman Wealth Management LLC bought a new stake in shares of Expedia Group in the first quarter worth $297,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions 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 stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the transaction, the insider directly owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock valued at $2,009,132. Company insiders own 9.13% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on EXPE shares. Wall Street Zen raised shares of Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. UBS Group lifted their price target on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. DA Davidson upped their price objective on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Morgan Stanley increased their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a report on Monday, July 21st. Finally, Piper Sandler boosted their price target on Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $205.63.

Expedia Group Stock Performance

Expedia Group stock traded up $2.50 during mid-day trading on Thursday, hitting $214.71. 1,419,945 shares of the company's stock traded hands, compared to its average volume of 2,146,022. 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 one year low of $126.46 and a one year high of $216.60. The firm has a 50 day moving average price of $186.53 and a 200 day moving average price of $175.74. The company has a market cap of $26.56 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 1.08 and a beta of 1.61.

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

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders 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 payout ratio is 19.61%.

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.