OMNI 360 Wealth Inc. Makes New $325,000 Investment in Expedia Group, Inc. $EXPE

Key Points

• OMNI 360 Wealth Inc. has made a new investment of approximately $325,000 in Expedia Group, purchasing 1,924 shares during the second quarter.
• Expedia Group reported a 6.4% increase in revenue year-over-year, with a quarterly earnings per share of $4.24, exceeding expectations.
• The company declared a quarterly dividend of $0.40 per share, reflecting an annualized dividend yield of 0.7% and a payout ratio of 19.61%.

OMNI 360 Wealth Inc. purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,924 shares of the online travel company's stock, valued at approximately $325,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of Expedia Group in the 4th quarter worth approximately $408,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Expedia Group by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,947 shares of the online travel company's stock worth $9,120,000 after purchasing an additional 1,772 shares in the last quarter. Mufg Securities Americas Inc. bought a new stake in shares of Expedia Group in the 4th quarter worth approximately $338,000. ProShare Advisors LLC raised its holdings in shares of Expedia Group by 13.5% in the 4th quarter. ProShare Advisors LLC now owns 17,850 shares of the online travel company's stock worth $3,326,000 after purchasing an additional 2,122 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of Expedia Group in the 4th quarter worth approximately $2,949,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Up 0.4%

Expedia Group stock opened at $222.19 on Friday. The firm has a market cap of $27.49 billion, a PE ratio of 27.23, a P/E/G ratio of 1.16 and a beta of 1.57. 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's 50 day moving average price is $197.76 and its two-hundred day moving average price is $176.76. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $223.22.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion for 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 company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on EXPE shares. Cowen reiterated a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. Wedbush boosted their price target on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Piper Sandler boosted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Finally, Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a report on Monday, August 11th. 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus price target of $205.63.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares of the company's stock, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

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.

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