Expedia Group, Inc. (NASDAQ:EXPE) is Windacre Partnership LLC's 5th Largest Position

Windacre Partnership LLC lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,065,700 shares of the online travel company's stock after selling 258,000 shares during the quarter. Expedia Group comprises approximately 11.1% of Windacre Partnership LLC's investment portfolio, making the stock its 5th largest holding. Windacre Partnership LLC owned 3.17% of Expedia Group worth $757,562,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Handelsbanken Fonder AB increased its holdings in Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company's stock worth $5,729,000 after buying an additional 4,656 shares during the period. Teamwork Financial Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $1,791,000. Clare Market Investments LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $319,000. Nisa Investment Advisors LLC grew its stake in shares of Expedia Group by 17.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 60,003 shares of the online travel company's stock worth $11,180,000 after purchasing an additional 9,086 shares during the period. Finally, Cigna Investments Inc. New acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $238,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Piper Sandler lowered Expedia Group from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $174.00 to $135.00 in a research report on Friday, May 9th. The Goldman Sachs Group decreased their target price 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. Wedbush reiterated a "neutral" rating and set a $165.00 target price (down previously from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. Finally, JMP Securities restated a "market perform" rating on shares of Expedia Group in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Expedia Group has a consensus rating of "Moderate Buy" and an average target price of $186.35.

Expedia Group Stock Up 0.9%

Shares of EXPE traded up $1.38 during midday trading on Thursday, hitting $160.72. The company had a trading volume of 2,635,260 shares, compared to its average volume of 1,936,507. The company's 50-day simple moving average is $160.58 and its 200-day simple moving average is $176.01. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market capitalization of $20.43 billion, a P/E ratio of 17.76, a P/E/G ratio of 0.92 and a beta of 1.62. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 EPS. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, May 29th. Expedia Group's payout ratio is presently 18.87%.

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.