Wealth Enhancement Advisory Services LLC Raises Position in Expedia Group, Inc. $EXPE

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Expedia Group, Inc. by 43.5% to 45,355 shares, valued at approximately $8 million.
• The company reported a quarterly earnings per share of $4.24, exceeding expectations, with a year-over-year revenue growth of 6.4%.
• Expedia has declared a quarterly dividend of $0.40 per share, reflecting a dividend yield of 0.7% and a payout ratio of 19.61%.

Wealth Enhancement Advisory Services LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 43.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,355 shares of the online travel company's stock after buying an additional 13,751 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Expedia Group were worth $8,004,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in EXPE. McClarren Financial Advisors Inc. purchased a new stake in Expedia Group during the 1st quarter valued at $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group during the first quarter valued at $28,000. Park Square Financial Group LLC purchased a new stake in shares of Expedia Group during the first quarter valued at $34,000. Zions Bancorporation National Association UT bought a new stake in Expedia Group in the 1st quarter worth about $36,000. Finally, Larson Financial Group LLC increased its holdings in Expedia Group by 2,175.0% in the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock worth $46,000 after buying an additional 261 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Down 1.0%

Shares of EXPE opened at $221.22 on Wednesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market capitalization of $27.37 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth 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's 50 day simple moving average is $203.90 and its 200-day simple moving average is $178.39.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the previous year, the business posted $3.51 earnings per share. Expedia Group's quarterly revenue 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 analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on EXPE shares. Wedbush raised their price target on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a report on Friday, August 8th. BTIG Research restated a "buy" rating and issued a $250.00 target price on shares of Expedia Group in a report on Tuesday, September 9th. UBS Group lifted their target price on shares of Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Benchmark increased their price target on Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Wells Fargo & Company restated a "positive" rating on shares of Expedia Group in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Expedia Group presently has a consensus rating of "Hold" and an average price target of $205.63.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the firm's stock in a transaction 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 approximately $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group 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 transaction, the director 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 disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 over the last three months. Corporate 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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