Expedia Group, Inc. $EXPE Shares Purchased by Interchange Capital Partners LLC

Interchange Capital Partners LLC lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 139.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,896 shares of the online travel company’s stock after purchasing an additional 2,268 shares during the period. Interchange Capital Partners LLC’s holdings in Expedia Group were worth $1,104,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EXPE. CI Investments Inc. lifted its stake in Expedia Group by 1,735.0% in the third quarter. CI Investments Inc. now owns 42,223 shares of the online travel company’s stock worth $9,025,000 after acquiring an additional 39,922 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in Expedia Group in the third quarter worth approximately $1,063,000. Convergence Investment Partners LLC purchased a new stake in shares of Expedia Group during the 3rd quarter worth approximately $1,001,000. Railway Pension Investments Ltd lifted its position in shares of Expedia Group by 19.6% during the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after buying an additional 18,900 shares during the last quarter. Finally, Savant Capital LLC lifted its position in shares of Expedia Group by 13.9% during the 3rd quarter. Savant Capital LLC now owns 39,700 shares of the online travel company’s stock worth $8,486,000 after buying an additional 4,853 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Down 1.2%

EXPE stock opened at $242.17 on Wednesday. The company has a fifty day moving average price of $232.99 and a 200 day moving average price of $248.46. Expedia Group, Inc. has a 12 month low of $144.69 and a 12 month high of $303.80. The company has a market cap of $29.68 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 0.75 and a beta of 1.33. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results 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 net margin of 8.78% and a return on equity of 72.23%. The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the prior year, the firm earned $2.39 EPS. Expedia Group’s revenue for the quarter was up 11.4% on a year-over-year basis. Sell-side analysts expect that Expedia Group, Inc. will post 16.69 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were paid a $0.48 dividend. The ex-dividend date of this dividend was 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 is presently 19.49%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EXPE shares. Barclays boosted their price objective on shares of Expedia Group from $245.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Citigroup reduced their price objective on shares of Expedia Group from $281.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. Deutsche Bank Aktiengesellschaft set a $244.00 price objective on shares of Expedia Group in a research report on Friday, February 13th. Finally, Truist Financial reduced their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research report on Monday, April 6th. Fourteen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and an average target price of $282.74.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction on 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 directly owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 9.13% of the company’s stock.

About Expedia Group

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.