WINTON GROUP Ltd Has $5.51 Million Holdings in Expedia Group, Inc. $EXPE

Key Points

• WINTON GROUP Ltd increased its Expedia Group stake by 456.7% in the second quarter, holding 21,527 shares valued at approximately $5.51 million. Institutional investors collectively own 90.76% of EXPE.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $318.71. Recent targets ranged from $320 to $430.
• Expedia exceeded quarterly expectations, reporting $5.76 in adjusted earnings per share and $4.32 billion in revenue, while revenue rose 14% year over year. The company also declared a $0.48 quarterly dividend, equal to a 0.7% annualized yield.

WINTON GROUP Ltd increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 456.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,527 shares of the online travel company's stock after buying an additional 17,660 shares during the quarter. WINTON GROUP Ltd's holdings in Expedia Group were worth $5,508,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of EXPE. Capital Analysts LLC lifted its holdings in shares of Expedia Group by 550.0% during the second quarter. Capital Analysts LLC now owns 845 shares of the online travel company's stock valued at $216,000 after acquiring an additional 715 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of Expedia Group by 14.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 13,112 shares of the online travel company's stock worth $3,355,000 after purchasing an additional 1,606 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of Expedia Group by 1.7% in the 2nd quarter. RFG Advisory LLC now owns 3,127 shares of the online travel company's stock worth $800,000 after purchasing an additional 52 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of Expedia Group by 12.9% during the 2nd quarter. Baird Financial Group Inc. now owns 160,712 shares of the online travel company's stock worth $41,123,000 after purchasing an additional 18,321 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Expedia Group by 35.1% during the 2nd quarter. Allworth Financial LP now owns 3,056 shares of the online travel company's stock worth $782,000 after purchasing an additional 794 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on EXPE shares. Citigroup restated a "neutral" rating on shares of Expedia Group in a research report on Wednesday, August 12th. Barclays raised their price objective on shares of Expedia Group from $264.00 to $320.00 and gave the stock an "equal weight" rating in a report on Thursday, August 6th. The Goldman Sachs Group set a $370.00 target price on shares of Expedia Group in a research note on Thursday, August 6th. Evercore set a $430.00 target price on Expedia Group in a report on Monday, August 24th. Finally, Piper Sandler reaffirmed a "neutral" rating and set a $325.00 price target (up from $245.00) on shares of Expedia Group in a report on Thursday, August 6th. Eighteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $318.71.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 2,810 shares of the business's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the sale, the chief accounting officer owned 12,006 shares in the company, valued at $3,885,741.90. The trade was a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 3,003 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total value of $945,945.00. Following the transaction, the insider directly owned 103,829 shares in the company, valued at $32,706,135. This trade represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 11,950 shares of company stock worth $3,881,995. Insiders own 5.20% of the company's stock.

Expedia Group Trading Up 1.6%

Shares of NASDAQ EXPE opened at $276.88 on Friday. Expedia Group, Inc. has a 1-year low of $185.34 and a 1-year high of $342.00. The company has a market cap of $33.23 billion, a PE ratio of 17.26, a P/E/G ratio of 0.67 and a beta of 1.25. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The company has a 50-day moving average of $296.20 and a two-hundred day moving average of $256.34.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, beating the consensus estimate of $5.22 by $0.54. The business had revenue of $4.32 billion for the quarter, compared to analysts' expectations of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. Expedia Group's revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.24 earnings per share. As a group, equities analysts expect that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group's dividend payout ratio is currently 11.97%.

Expedia Group Profile

Expedia Group, Inc is an online travel company that connects travelers with lodging, transportation, activities and other travel-related services. Its consumer brands include Expedia, Hotels.com, Vrbo, Travelocity, Orbitz, Wotif and ebookers. Through these platforms, customers can search for and book hotel stays, vacation rentals, flights, rental cars, cruises, vacation packages and activities.

The company also provides business-to-business travel technology and booking services through its partnerships with airlines, hotels, financial institutions, retailers and other organizations.

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