Azzad Asset Management Inc. ADV lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 195.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,341 shares of the online travel company's stock after purchasing an additional 6,177 shares during the quarter. Azzad Asset Management Inc. ADV's holdings in Expedia Group were worth $1,570,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in EXPE. Brighton Jones LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth about $408,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $205,000. Apollon Wealth Management LLC purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $213,000. Savant Capital LLC increased its stake in shares of Expedia Group by 269.7% during the fourth quarter. Savant Capital LLC now owns 6,596 shares of the online travel company's stock worth $1,229,000 after buying an additional 4,812 shares during the period. Finally, Compagnie Lombard Odier SCmA increased its stake in shares of Expedia Group by 581.3% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 1,090 shares of the online travel company's stock worth $203,000 after buying an additional 930 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.
Expedia Group Stock Performance
NASDAQ:EXPE traded up $0.90 during midday trading on Wednesday, reaching $162.89. The stock had a trading volume of 695,971 shares, compared to its average volume of 1,909,836. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. The stock has a market cap of $20.71 billion, a P/E ratio of 19.22, a P/E/G ratio of 0.79 and a beta of 1.59. The firm has a fifty day simple moving average of $162.52 and a two-hundred day simple moving average of $174.41. Expedia Group, Inc. has a 12-month low of $110.20 and a 12-month high of $207.73.
Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter last year, the business posted $0.21 EPS. The firm's revenue was up 3.4% on a year-over-year basis. On average, equities analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.
Expedia Group Dividend Announcement
The company also recently announced 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 0.98%. The ex-dividend date is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is presently 18.87%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on EXPE. Morgan Stanley cut their target price on shares of Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Piper Sandler lowered shares of Expedia Group from a "neutral" rating to an "underweight" rating and cut their target price for the stock from $174.00 to $135.00 in a research note on Friday, May 9th. Wells Fargo & Company upped their target price 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. JPMorgan Chase & Co. cut their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, UBS Group cut their target price on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. 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 issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $186.35.
Check Out Our Latest Research Report on Expedia Group
Expedia Group Company Profile
(
Free Report)
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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