Plancorp LLC Makes New Investment in Expedia Group, Inc. $EXPE

Plancorp LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,195 shares of the online travel company's stock, valued at approximately $201,000.

A number of other hedge funds have also recently bought and sold shares of the business. Altman Advisors Inc. grew its stake in 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 purchasing an additional 65 shares in the last quarter. UMB Bank n.a. grew its stake in 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 purchasing an additional 69 shares in the last quarter. Horizon Investments LLC grew its position 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. Ascent Group LLC grew its position 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. Finally, SVB Wealth LLC grew its position in shares of Expedia Group by 3.6% in the 1st quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company's stock worth $405,000 after acquiring an additional 84 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on EXPE shares. Wells Fargo & Company reiterated a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. DA Davidson lifted their target price on Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Wedbush lifted their target price on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. BTIG Research reiterated a "buy" rating and issued a $250.00 target price on shares of Expedia Group in a research report on Tuesday. Finally, Morgan Stanley lifted their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. Three research 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $205.63.

Insider Activity

In related news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group 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 completion of the sale, the insider owned 77,075 shares of the company's stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $623,340.00. Following the sale, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by corporate insiders.

Expedia Group Stock Performance

Expedia Group stock traded up $0.83 during mid-day trading on Friday, hitting $222.19. 970,088 shares of the company's stock traded hands, compared to its average volume of 1,311,234. The firm has a 50 day moving average price of $197.76 and a 200 day moving average price of $176.76. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $27.49 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 1.16 and a beta of 1.57. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $223.22.

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

Expedia Group Dividend Announcement

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

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.