Kaufman Rossin Wealth LLC Acquires New Shares in Expedia Group, Inc. $EXPE

Key Points

• Kaufman Rossin Wealth LLC invested approximately $297,000 in Expedia Group by purchasing 1,765 shares in the first quarter.
• Expedia Group reported earnings of $4.24 per share for the quarter, exceeding estimates, and had revenue of $3.79 billion, up 6.4% year-over-year.
• The company declared a quarterly dividend of $0.40 per share, with a dividend yield of 0.8%, and is expected to pay it on September 18th.

Kaufman Rossin Wealth LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,765 shares of the online travel company's stock, valued at approximately $297,000.

Other hedge funds also recently bought and sold shares of the company. Altman Advisors Inc. boosted its stake in Expedia Group by 0.5% in the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock valued at $2,093,000 after buying an additional 65 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Expedia Group by 14.1% in the 1st quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock worth $94,000 after acquiring an additional 69 shares in the last quarter. Foyston Gordon & Payne Inc boosted its holdings in shares of Expedia Group by 0.3% in the 4th quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock worth $4,124,000 after acquiring an additional 74 shares in the last quarter. Horizon Investments LLC boosted its holdings in shares of Expedia Group by 4.4% in the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock worth $299,000 after acquiring an additional 75 shares in the last quarter. Finally, Ascent Group LLC boosted its holdings in shares of Expedia Group by 3.2% in the 4th quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after acquiring an additional 76 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Down 0.7%

EXPE traded down $1.46 during trading on Monday, reaching $213.35. 1,466,887 shares of the company's stock were exchanged, compared to its average volume of 2,104,377. The company's fifty day moving average price is $183.52 and its 200-day moving average price is $175.14. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a fifty-two week low of $126.46 and a fifty-two week high of $216.60. The firm has a market capitalization of $26.40 billion, a PE ratio of 26.15, a P/E/G ratio of 1.10 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping 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 firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the previous year, the business earned $3.51 EPS. The business's quarterly revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's payout ratio is currently 19.61%.

Insiders Place Their Bets

In other news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company's stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the company's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock valued at $2,009,132. Company insiders own 9.13% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EXPE shares. Susquehanna boosted their target price on Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a report on Monday, August 11th. Citigroup boosted their target price on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. Oppenheimer reissued an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. B. Riley boosted their price objective on shares of Expedia Group from $222.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, The Goldman Sachs Group reduced their price objective on 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 assigned a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $205.63.

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.