Wealth Enhancement Advisory Services LLC Has $5.31 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 18.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,604 shares of the online travel company's stock after buying an additional 4,987 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Expedia Group were worth $5,313,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. Minot DeBlois Advisors LLC bought a new stake in Expedia Group in the fourth quarter valued at $27,000. Sava Infond d.o.o. bought a new stake in shares of Expedia Group in the 4th quarter worth about $28,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group during the 4th quarter worth about $34,000. Optiver Holding B.V. acquired a new stake in shares of Expedia Group during the 4th quarter worth about $38,000. Finally, Banque Transatlantique SA bought a new position in Expedia Group during the 4th quarter valued at about $45,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Trading Up 1.6%

Shares of Expedia Group stock traded up $2.60 during trading on Friday, hitting $169.40. 290,022 shares of the company were exchanged, compared to its average volume of 1,899,732. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market capitalization of $21.53 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The firm's fifty day moving average price is $164.35 and its 200 day moving average price is $173.40. Expedia Group, Inc. has a 1-year low of $110.20 and a 1-year high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 8.48% and a return on equity of 52.60%. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.21 EPS. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Thursday, May 29th. Expedia Group's dividend payout ratio is currently 18.87%.

Analyst Ratings Changes

Several brokerages have weighed in on EXPE. Piper Sandler cut shares of Expedia Group from a "neutral" rating to an "underweight" rating and decreased their price objective for the stock from $174.00 to $135.00 in a research note on Friday, May 9th. Truist Financial dropped their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a report on Tuesday. UBS Group reduced their price objective on Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. Bank of America raised their target price on Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Finally, Morgan Stanley reduced their price target on shares of Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Moderate Buy" and an average target price of $186.08.

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.