Kepler Cheuvreux Suisse SA Invests $2.13 Million in Expedia Group, Inc. $EXPE

Kepler Cheuvreux Suisse SA bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 9,940 shares of the online travel company’s stock, valued at approximately $2,125,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Grey Fox Wealth Advisors LLC acquired a new position in Expedia Group in the third quarter worth about $30,000. Rossby Financial LCC boosted its holdings in Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. SOA Wealth Advisors LLC. bought a new stake in shares of Expedia Group in the 3rd quarter valued at approximately $36,000. Armstrong Advisory Group Inc. grew its stake in shares of Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after purchasing an additional 117 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in shares of Expedia Group by 43.2% in the 3rd quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock worth $41,000 after buying an additional 57 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 0.6%

Shares of EXPE opened at $230.35 on Thursday. The business’s fifty day moving average price is $249.90 and its two-hundred day moving average price is $242.96. The firm has a market capitalization of $28.23 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 0.72 and a beta of 1.41. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73.

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, topping 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 company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the previous year, the company posted $2.39 earnings per share. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. On average, analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current 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 issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $1.92 annualized dividend and a yield of 0.8%. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on EXPE shares. Citigroup cut their target price on Expedia Group from $281.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, February 20th. HSBC upped their price target on Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Morgan Stanley lifted their price objective on Expedia Group from $180.00 to $270.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Argus reduced their target price on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Finally, Weiss Ratings lowered shares of Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $281.65.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 9.13% of the company’s stock.

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.