Poinciana Advisors Group LLC Invests $202,000 in Expedia Group, Inc. $EXPE

Key Points

• Poinciana Advisors Group LLC acquired a new position in Expedia Group, Inc. by purchasing 1,197 shares valued at approximately $202,000 in the second quarter.
• Wall Street analysts are optimistic about Expedia's performance, with a consensus rating of Moderate Buy and an average price target of $207.77.
• Expedia recently reported quarterly earnings of $4.24 EPS, exceeding expectations and reflecting a year-over-year revenue increase of 6.4%.

Poinciana Advisors Group LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,197 shares of the online travel company's stock, valued at approximately $202,000.

Other hedge funds have also modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new position in Expedia Group during the 1st quarter worth about $28,000. Atlas Capital Advisors Inc. acquired a new position in Expedia Group during the 1st quarter worth about $28,000. Park Square Financial Group LLC acquired a new position in Expedia Group during the 1st quarter worth about $34,000. Zions Bancorporation National Association UT acquired a new position in Expedia Group during the 1st quarter worth about $36,000. Finally, Larson Financial Group LLC lifted its stake in Expedia Group by 2,175.0% during the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock worth $46,000 after acquiring an additional 261 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several research reports. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 target price on shares of Expedia Group in a research note on Wednesday, July 23rd. Morgan Stanley increased their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Monday, July 21st. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research note on Monday, August 11th. B. Riley increased their price target on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Truist Financial reduced their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $207.77.

Expedia Group Trading Down 1.1%

EXPE opened at $220.51 on Tuesday. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $229.00. The company has a market cap of $27.28 billion, a P/E ratio of 27.02, a PEG ratio of 1.17 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 business's 50-day simple moving average is $206.81 and its 200-day simple moving average is $180.02.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the prior year, the business posted $3.51 EPS. The business'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. As a group, equities research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

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

Insider Activity

In other news, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares in the company, 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. In the last 90 days, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by 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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