Guyasuta Investment Advisors Inc. Has $29.54 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Guyasuta Investment Advisors Inc. cut its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 3.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 175,754 shares of the online travel company's stock after selling 6,399 shares during the period. Expedia Group makes up 1.9% of Guyasuta Investment Advisors Inc.'s holdings, making the stock its 17th largest position. Guyasuta Investment Advisors Inc. owned approximately 0.14% of Expedia Group worth $29,544,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. Minot DeBlois Advisors LLC acquired a new position in Expedia Group in the 4th quarter worth $27,000. Sava Infond d.o.o. acquired a new position in Expedia Group in the 4th quarter worth $28,000. Prudent Man Investment Management Inc. acquired a new position in Expedia Group in the 4th quarter worth $34,000. Optiver Holding B.V. acquired a new position in Expedia Group in the 4th quarter worth $38,000. Finally, Banque Transatlantique SA bought a new stake in Expedia Group during the 4th quarter worth about $45,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on EXPE. Truist Financial boosted their price target on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, March 12th. Wedbush reissued a "neutral" rating and set a $165.00 price target (down from $180.00) on shares of Expedia Group in a research report on Friday, May 9th. 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 research report on Friday, May 9th. JPMorgan Chase & Co. cut their price target on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, UBS Group cut their price target on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating on the stock in a research report 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $186.35.

Expedia Group Stock Up 1.5%

Shares of EXPE opened at $164.88 on Friday. Expedia Group, Inc. has a 52 week low of $110.20 and a 52 week high of $207.73. The firm has a market cap of $20.96 billion, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The firm's 50-day simple moving average is $163.08 and its 200 day simple moving average is $173.94. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results 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). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same quarter in the previous year, the company earned $0.21 EPS. The business's revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.97%. Expedia Group's payout ratio is presently 18.87%.

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.

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