Range Financial Group LLC Purchases Shares of 12,478 Expedia Group, Inc. $EXPE

Key Points

• Range Financial Group bought a new stake of 12,478 shares of Expedia Group in Q4, worth about $3.535 million, making EXPE ~1.2% of its portfolio and its 21st largest holding.
• Expedia beat quarterly expectations with $3.78 EPS vs. $3.32 consensus and revenue of $3.55 billion (up 11.4% year‑over‑year); the company has a market cap of about $27.8 billion and a trailing P/E of 23.0.
• Expedia increased its quarterly dividend to $0.48 (annualized $1.92), up from $0.40, implying a yield of ~0.8% and a payout ratio near 19.5%.

Range Financial Group LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 12,478 shares of the online travel company's stock, valued at approximately $3,535,000. Expedia Group comprises 1.2% of Range Financial Group LLC's investment portfolio, making the stock its 21st biggest holding.

A number of other institutional investors have also made changes to their positions in EXPE. Windacre Partnership LLC boosted its stake in Expedia Group by 9.2% during the 3rd quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company's stock valued at $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC increased its position in Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company's stock worth $779,275,000 after buying an additional 728,063 shares during the period. Invesco Ltd. increased its position in Expedia Group by 8.0% in the 3rd quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company's stock worth $667,507,000 after buying an additional 230,176 shares during the period. Alkeon Capital Management LLC lifted its holdings in shares of Expedia Group by 4.2% during the second quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company's stock worth $417,530,000 after buying an additional 100,000 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company's stock valued at $386,560,000 after acquiring an additional 1,801,232 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the transaction, the insider owned 102,480 shares in the company, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.13% of the stock is owned by company insiders.

Expedia Group Stock Up 0.3%

EXPE opened at $226.51 on Tuesday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. The firm's fifty day moving average price is $234.77 and its two-hundred day moving average price is $244.86. The company has a market capitalization of $27.76 billion, a P/E ratio of 23.00, a P/E/G ratio of 0.70 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.46. The company had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The business's revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.39 EPS. On average, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.8%. This is a boost from Expedia Group's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, March 5th. Expedia Group's dividend payout ratio (DPR) is currently 19.49%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EXPE. BMO Capital Markets raised their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the stock a "market perform" rating in a research note on Friday, February 13th. Royal Bank Of Canada increased their price target on shares of Expedia Group from $260.00 to $290.00 and gave the company a "sector perform" rating in a report on Wednesday, December 17th. Barclays raised their price target on shares of Expedia Group from $245.00 to $260.00 and gave the stock an "equal weight" rating in a research report on Friday, February 13th. HSBC boosted their price objective on shares of Expedia Group from $365.00 to $387.00 and gave the stock a "buy" rating in a report on Friday, February 13th. Finally, Citizens Jmp reiterated a "market perform" rating on shares of Expedia Group in a research note on Tuesday, February 17th. Fourteen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $282.77.

Expedia Group Profile

Expedia Group NASDAQ: EXPE is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company's platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

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