Foyston Gordon & Payne Inc Cuts Stake in Expedia Group, Inc. $EXPE

Key Points

• Foyston Gordon & Payne Inc reduced its stake in Expedia Group by 45.7% in Q1, following the sale of over 10,000 shares, while its remaining holdings are valued at approximately $2 million.
• Expedia Group announced a quarterly dividend of $0.40 per share, reflecting a 0.8% yield and a payout ratio of 19.61%.
• Equity analysts generally maintain a "Moderate Buy" rating for Expedia Group, with an average price target of $205.63 per share.

Foyston Gordon & Payne Inc trimmed its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 45.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,018 shares of the online travel company's stock after selling 10,117 shares during the quarter. Foyston Gordon & Payne Inc's holdings in Expedia Group were worth $2,020,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Altman Advisors Inc. boosted its position in shares of Expedia Group by 0.5% during the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock valued at $2,093,000 after acquiring an additional 65 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Expedia Group by 14.1% during the 1st quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock valued at $94,000 after acquiring an additional 69 shares during the last quarter. Horizon Investments LLC boosted its position in shares of Expedia Group by 4.4% during the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock valued at $299,000 after acquiring an additional 75 shares during the last quarter. Ascent Group LLC boosted its position in shares of Expedia Group by 3.2% during the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock valued at $453,000 after acquiring an additional 76 shares during the last quarter. Finally, Smithfield Trust Co boosted its position in shares of Expedia Group by 2.9% during the 1st quarter. Smithfield Trust Co now owns 3,265 shares of the online travel company's stock valued at $550,000 after acquiring an additional 93 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. DA Davidson increased their price target on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a report on Friday, August 8th. B. Riley increased their price target on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 8th. UBS Group increased their price target on Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Bank of America increased their price target on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Wedbush increased their price target on Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of "Hold" and an average price target of $205.63.

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 firm has a market cap of $25.74 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.03 and a beta of 1.61. Expedia Group, Inc. has a 12-month low of $126.46 and a 12-month high of $213.00. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock's fifty day moving average price is $181.22 and its 200 day moving average price is $174.30.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its 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. The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be paid a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Expedia Group's dividend payout ratio (DPR) is currently 19.61%.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 3,306 shares of the firm's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the transaction, the insider 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 9.13% of the company's stock.

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.