3,513 Shares in Expedia Group, Inc. $EXPE Acquired by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d investissement inc. acquired 3,513 shares of Expedia Group, Inc., valued at approximately $593,000, indicating strong institutional interest in the company.
• Expedia Group reported $4.24 earnings per share for the recent quarter, exceeding analysts' expectations and showing a revenue increase of 6.4% year-over-year.
• The company announced a quarterly dividend of $0.40 per share, which will be paid in September, reflecting a steady commitment to returning value to shareholders.

Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,513 shares of the online travel company's stock, valued at approximately $593,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. purchased a new position in Expedia Group during the first quarter worth about $28,000. Park Square Financial Group LLC purchased a new position in Expedia Group during the first quarter worth about $34,000. Zions Bancorporation National Association UT purchased a new position in Expedia Group during the first quarter worth about $36,000. Finally, Larson Financial Group LLC boosted its stake in Expedia Group by 2,175.0% during the first quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock worth $46,000 after buying an additional 261 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Royal Bank Of Canada increased their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Friday, August 8th. Piper Sandler raised their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a research note on Friday, August 8th. Wall Street Zen raised shares of Expedia Group from a "hold" rating to a "buy" rating in a research note on Monday, July 28th. Sanford C. Bernstein set a $210.00 price objective on shares of Expedia Group in a research note on Monday, August 11th. Finally, Susquehanna raised their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. 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. According to MarketBeat.com, Expedia Group presently has an average rating of "Hold" and an average target price of $205.63.

Expedia Group Stock Performance

EXPE traded up $0.51 during trading on Friday, hitting $222.43. The stock had a trading volume of 3,559,950 shares, compared to its average volume of 1,350,937. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $27.52 billion, a P/E ratio of 27.26, a PEG ratio of 1.17 and a beta of 1.57. The company's 50-day moving average price is $202.25 and its 200 day moving average price is $177.86. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $229.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group's payout ratio is presently 19.61%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares in the company, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,816 shares of company stock worth $2,009,132. Corporate insiders own 9.13% of the company's stock.

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.