Expedia Group, Inc. $EXPE Shares Bought by Credit Agricole S A

Key Points

• Credit Agricole S A has increased its stake in Expedia Group by 43.4% in the first quarter, acquiring a total of 53,718 shares valued at approximately $9 million.
• Analyst ratings for Expedia Group are favorable, with three analysts rating it as a Strong Buy and a consensus price target of $205.63, indicating potential for future growth.
• Expedia Group declared a quarterly dividend of $0.40, which will be paid on September 18th, equating to an annual yield of 0.8% based on a 19.61% dividend payout ratio.

Credit Agricole S A lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 43.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,718 shares of the online travel company's stock after buying an additional 16,264 shares during the quarter. Credit Agricole S A's holdings in Expedia Group were worth $9,030,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EXPE. Altman Advisors Inc. increased its stake in shares of Expedia Group by 0.5% in the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock worth $2,093,000 after acquiring an additional 65 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.1% in the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock valued at $94,000 after purchasing an additional 69 shares during the period. Foyston Gordon & Payne Inc increased its position in Expedia Group by 0.3% during the fourth quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock worth $4,124,000 after purchasing an additional 74 shares during the last quarter. Horizon Investments LLC increased its position in Expedia Group by 4.4% during the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock worth $299,000 after purchasing an additional 75 shares during the last quarter. Finally, Ascent Group LLC raised its stake in Expedia Group by 3.2% during the fourth quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after purchasing an additional 76 shares during the period. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group 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 completion of the transaction, the insider directly owned 77,075 shares in the company, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 value of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company's stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,964 shares of company stock valued at $1,833,722. Insiders own 9.13% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EXPE. Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Piper Sandler raised 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. Cowen restated a "hold" rating on shares of Expedia Group in a research report on Friday, August 8th. Bank of America upped their price target on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, UBS Group raised their price objective on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Three research 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 given a Sell rating to the company's stock. According to MarketBeat.com, Expedia Group currently has a consensus rating of "Hold" and a consensus price target of $205.63.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $205.35 on Friday. The stock has a market capitalization of $25.41 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.61. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50-day moving average of $182.54 and a 200 day moving average of $174.77. Expedia Group, Inc. has a 12 month low of $126.46 and a 12 month high of $213.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same period in the prior year, the firm earned $3.51 earnings per share. The business's revenue for the quarter 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. As a group, sell-side 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 declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is currently 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.

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