Washington Capital Management Inc. Invests $422,000 in Expedia Group, Inc. $EXPE

Key Points

• Washington Capital Management Inc. has invested $422,000 in Expedia Group, Inc., acquiring 2,500 shares during the 2nd quarter.
• Analysts have set varying price targets for Expedia Group, with a consensus target of $207.77 and a general rating of "Moderate Buy."
• Expedia Group recently announced a quarterly dividend of $0.40 per share, resulting in an annualized yield of 0.7%.

Washington Capital Management Inc. bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,500 shares of the online travel company's stock, valued at approximately $422,000.

Several other large investors also recently made changes to their positions in the business. Altman Advisors Inc. grew its holdings in shares of Expedia Group by 0.5% during the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock worth $2,093,000 after purchasing an additional 65 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.1% during the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock worth $94,000 after purchasing an additional 69 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of Expedia Group by 4.4% during the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock worth $299,000 after purchasing an additional 75 shares during the last quarter. Moody National Bank Trust Division grew its holdings in shares of Expedia Group by 1.7% during the second quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company's stock worth $821,000 after purchasing an additional 80 shares during the last quarter. Finally, SVB Wealth LLC grew its holdings in shares of Expedia Group by 3.6% during the first quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company's stock worth $405,000 after purchasing an additional 84 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on EXPE. BTIG Research restated a "buy" rating and set a $250.00 target price on shares of Expedia Group in a report on Tuesday, September 9th. UBS Group raised their price target on Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. DA Davidson raised their price target on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Finally, Oppenheimer reiterated an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.77.

Expedia Group Price Performance

Shares of EXPE opened at $222.87 on Monday. 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, Inc. has a 1 year low of $130.01 and a 1 year high of $229.00. The stock has a market cap of $27.57 billion, a P/E ratio of 27.31, a price-to-earnings-growth ratio of 1.17 and a beta of 1.57. The stock's 50-day moving average price is $206.11 and its two-hundred day moving average price is $179.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter last year, the business earned $3.51 earnings per share. The company's revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. Expedia Group's dividend payout ratio (DPR) is 19.61%.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 3,306 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the sale, the insider owned 77,075 shares of the company's stock, valued at $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 SEC, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $7,035,015.24. This represents 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. Insiders own 9.13% of the company's stock.

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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