Verdence Capital Advisors LLC Grows Stock Holdings in Expedia Group, Inc. $EXPE

Key Points

• Verdence Capital Advisors LLC increased its stake in Expedia Group by 76.6% during the second quarter, owning 7,710 shares valued at approximately $1.3 million.
• Expedia Group reported a quarterly EPS of $4.24, exceeding estimates, with revenue rising 6.4% year-over-year to $3.79 billion.
• The company declared a quarterly dividend of $0.40, resulting in an annualized dividend of $1.60 and a yield of 0.7%.

Verdence Capital Advisors LLC raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 76.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,710 shares of the online travel company's stock after purchasing an additional 3,344 shares during the period. Verdence Capital Advisors LLC's holdings in Expedia Group were worth $1,300,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its position in Expedia Group by 45.7% during the second quarter. Sequoia Financial Advisors LLC now owns 3,653 shares of the online travel company's stock valued at $616,000 after purchasing an additional 1,145 shares in the last quarter. MGO One Seven LLC raised its position in Expedia Group by 2.3% during the second quarter. MGO One Seven LLC now owns 5,232 shares of the online travel company's stock valued at $883,000 after purchasing an additional 119 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. raised its position in Expedia Group by 0.7% during the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 105,966 shares of the online travel company's stock valued at $17,874,000 after purchasing an additional 760 shares in the last quarter. CWM LLC raised its position in Expedia Group by 102.9% during the second quarter. CWM LLC now owns 49,508 shares of the online travel company's stock valued at $8,351,000 after purchasing an additional 25,108 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its position in Expedia Group by 6.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 17,279 shares of the online travel company's stock valued at $2,916,000 after purchasing an additional 1,030 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

Expedia Group stock opened at $215.64 on Tuesday. The stock's 50 day simple moving average is $213.04 and its two-hundred day simple moving average is $183.14. 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 stock has a market cap of $26.68 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.10 and a beta of 1.56. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted 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 business had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

Insider Transactions at Expedia Group

In other 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 sale, the director directly owned 33,858 shares of the company's stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock valued at $2,009,132 in the last ninety days. 9.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EXPE has been the topic of a number of recent research reports. B. Riley raised their price objective on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. Benchmark raised their price objective on Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a research note on Monday, August 11th. Finally, Wedbush raised their price objective on Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $209.00.

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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