Quantbot Technologies LP Has $13.85 Million Stock Position in Expedia Group, Inc. $EXPE

Quantbot Technologies LP lifted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 173.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,805 shares of the online travel company’s stock after buying an additional 41,083 shares during the quarter. Quantbot Technologies LP owned about 0.05% of Expedia Group worth $13,852,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management grew its position in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Expedia Group during the third quarter worth about $30,000. Rossby Financial LCC increased its position in Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the last quarter. SOA Wealth Advisors LLC. acquired a new position in Expedia Group during the third quarter worth approximately $36,000. Finally, Armstrong Advisory Group Inc. raised its stake in Expedia Group by 212.7% in the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after buying an additional 117 shares during the period. 90.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. HSBC raised their price target on Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a report on Friday, February 13th. DA Davidson cut their target price on shares of Expedia Group from $294.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. The Goldman Sachs Group lifted their target price on shares of Expedia Group from $325.00 to $355.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Morgan Stanley increased their price target on shares of Expedia Group from $180.00 to $270.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Finally, Wedbush restated a “neutral” rating and set a $260.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Thirteen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus target price of $282.55.

Expedia Group Price Performance

Expedia Group stock opened at $215.69 on Friday. The firm has a market cap of $26.43 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. The stock’s fifty day moving average price is $258.66 and its two-hundred day moving average price is $241.36. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period in the prior year, the company posted $2.39 EPS. The company’s revenue was up 11.4% compared to the same quarter last year. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, March 5th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. Expedia Group’s dividend payout ratio is currently 16.24%.

Insider Buying and Selling

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.13% of the stock is currently owned by corporate insiders.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.