Ethic Inc. Purchases 1,370 Shares of Expedia Group, Inc. $EXPE

Key Points

• Ethic Inc. has increased its stake in Expedia Group by 5.6%, owning 25,655 shares valued at approximately $4.3 million after acquiring an additional 1,370 shares.
• In the latest earnings report, Expedia Group reported earnings per share of $4.24, surpassing analysts' expectations of $4.13, with a revenue of $3.79 billion.
• A quarterly dividend of $0.40 per share has been announced, representing an annualized yield of 0.8%, to be paid on September 18th to investors of record on August 28th.

Ethic Inc. grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 5.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,655 shares of the online travel company's stock after buying an additional 1,370 shares during the quarter. Ethic Inc.'s holdings in Expedia Group were worth $4,302,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Hunter Associates Investment Management LLC raised its position in Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock worth $5,051,000 after purchasing an additional 2,776 shares during the period. Praxis Investment Management Inc. raised its position in Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock worth $775,000 after purchasing an additional 1,790 shares during the period. Monument Capital Management purchased a new position in Expedia Group in the 1st quarter worth $2,261,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Expedia Group by 19.0% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company's stock worth $2,662,000 after purchasing an additional 2,534 shares during the period. Finally, State of Alaska Department of Revenue raised its position in Expedia Group by 3.2% in the 1st quarter. State of Alaska Department of Revenue now owns 14,451 shares of the online travel company's stock worth $2,429,000 after purchasing an additional 445 shares during the period. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the transaction, the insider directly owned 77,075 shares of the company's stock, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.13% of the stock is currently owned by company insiders.

Expedia Group Trading Up 0.7%

Shares of EXPE traded up $1.37 during trading hours on Tuesday, reaching $208.04. 1,726,019 shares of the company traded hands, compared to its average volume of 2,122,413. The company's fifty day moving average price is $181.22 and its two-hundred day moving average price is $174.30. The company has a market capitalization of $25.74 billion, a price-to-earnings ratio of 25.50, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61. 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 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, beating 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 during the quarter, compared to analysts' expectations of $3.70 billion. During the same period last year, the company posted $3.51 EPS. Expedia Group's revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors 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 yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is 19.61%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Susquehanna lifted their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. Morgan Stanley raised their price target on shares of Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a report on Monday, July 21st. Barclays raised their price target on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Citigroup raised their price target on shares of Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. Finally, The Goldman Sachs Group cut their price target on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a report on Friday, May 9th. 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $205.63.

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.