V Square Quantitative Management LLC Acquires 5,373 Shares of Expedia Group, Inc. $EXPE

Key Points

• V Square Quantitative Management LLC significantly increased its stake in Expedia Group by 295.9% in Q2, now owning 7,189 shares valued at approximately $1.21 million.
• Expedia Group's recent earnings report showed an EPS of $4.24, exceeding analyst expectations, with revenue reaching $3.79 billion, reflecting a 6.4% year-on-year increase.
• The company's stock is currently rated as a "Moderate Buy" by analysts, with a consensus target price of $207.77 based on various upgrades from multiple brokerages.

V Square Quantitative Management LLC lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 295.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,189 shares of the online travel company's stock after buying an additional 5,373 shares during the quarter. V Square Quantitative Management LLC's holdings in Expedia Group were worth $1,213,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. GraniteShares Advisors LLC raised its holdings in shares of Expedia Group by 11.2% in the second quarter. GraniteShares Advisors LLC now owns 3,024 shares of the online travel company's stock valued at $510,000 after buying an additional 304 shares during the last quarter. BayBridge Capital Group LLC raised its holdings in Expedia Group by 1.8% during the 2nd quarter. BayBridge Capital Group LLC now owns 9,075 shares of the online travel company's stock worth $1,531,000 after purchasing an additional 161 shares during the last quarter. Kendall Capital Management raised its holdings in Expedia Group by 8.3% during the 2nd quarter. Kendall Capital Management now owns 12,260 shares of the online travel company's stock worth $2,068,000 after purchasing an additional 935 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in Expedia Group by 63.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 23,661 shares of the online travel company's stock worth $3,990,000 after purchasing an additional 9,210 shares during the last quarter. Finally, Patton Fund Management Inc. bought a new stake in Expedia Group during the 2nd quarter worth about $232,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Price Performance

Expedia Group stock opened at $222.87 on Monday. The firm has a market capitalization of $27.57 billion, a P/E ratio of 27.31, a PEG ratio of 1.17 and a beta of 1.57. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $229.00. The business has a 50-day moving average of $206.11 and a 200-day moving average of $179.61. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

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

Insider Activity at Expedia Group

In related news, 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 value of $623,340.00. Following the completion of the transaction, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction, the chief accounting officer owned 12,036 shares of the company's stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EXPE. Citigroup boosted their price objective on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a report on Monday, August 11th. Barclays boosted their price objective on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Wedbush boosted their price objective on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Finally, Piper Sandler boosted their price objective on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $207.77.

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.

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