Natixis Advisors LLC Sells 4,166 Shares of Expedia Group, Inc. $EXPE

Natixis Advisors LLC lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,937 shares of the online travel company’s stock after selling 4,166 shares during the period. Natixis Advisors LLC owned approximately 0.06% of Expedia Group worth $14,735,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EXPE. Grey Fox Wealth Advisors LLC bought a new position in Expedia Group during the third quarter valued at $30,000. Rossby Financial LCC increased its holdings in shares of Expedia Group by 103.8% in the 3rd 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. purchased a new stake in shares of Expedia Group during the 3rd quarter valued at about $36,000. Armstrong Advisory Group Inc. raised its position in shares of Expedia Group by 212.7% during the 3rd 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 in the last quarter. Finally, Westside Investment Management Inc. lifted 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 valued at $41,000 after acquiring an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on EXPE. Truist Financial lifted their price target on Expedia Group from $210.00 to $252.00 and gave the stock a “hold” rating in a research report on Tuesday, February 10th. Benchmark lowered their price objective on Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a research note on Friday, February 13th. BNP Paribas Exane assumed coverage on Expedia Group in a report on Monday, November 24th. They issued a “hold” rating for the company. Evercore reissued an “outperform” rating on shares of Expedia Group in a research report on Monday, February 9th. Finally, Mizuho lowered their price target on Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Thirteen research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $281.65.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 9.13% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of EXPE stock opened at $227.65 on Friday. The stock has a 50 day moving average price of $248.78 and a 200 day moving average price of $242.85. 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. The firm has a market capitalization of $27.90 billion, a P/E ratio of 23.11, a P/E/G ratio of 0.71 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the prior year, the company posted $2.39 EPS. Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. As a group, sell-side analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a $0.48 dividend. The ex-dividend date is Thursday, March 5th. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is currently 19.49%.

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.