Focus Partners Advisor Solutions LLC Has $3.41 Million Stake in Expedia Group, Inc. $EXPE

Focus Partners Advisor Solutions LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 87.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,951 shares of the online travel company’s stock after purchasing an additional 7,463 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Expedia Group were worth $3,410,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of EXPE. Elo Mutual Pension Insurance Co raised its stake in shares of Expedia Group by 30.1% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 22,254 shares of the online travel company’s stock valued at $4,757,000 after buying an additional 5,147 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of Expedia Group during the 3rd quarter valued at about $350,000. Quantbot Technologies LP increased its stake in Expedia Group by 173.2% in the third quarter. Quantbot Technologies LP now owns 64,805 shares of the online travel company’s stock valued at $13,852,000 after acquiring an additional 41,083 shares during the period. Handelsbanken Fonder AB raised its position in Expedia Group by 2.8% in the third quarter. Handelsbanken Fonder AB now owns 41,783 shares of the online travel company’s stock worth $8,931,000 after purchasing an additional 1,126 shares in the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co acquired a new position in Expedia Group in the third quarter worth about $204,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE stock opened at $215.14 on Wednesday. The stock’s fifty day moving average is $255.67 and its 200-day moving average is $241.95. 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 stock has a market capitalization of $26.36 billion, a PE ratio of 21.84, a PEG ratio of 0.66 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.

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

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.48 dividend. 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 0.9%. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s payout ratio is presently 16.24%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on EXPE shares. CICC Research upgraded Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price objective on the stock in a research note on Monday, November 10th. HSBC boosted their price target on Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Citigroup dropped their price objective on Expedia Group from $281.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Citizens Jmp reissued a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Finally, Truist Financial upped their target price on shares of Expedia Group from $210.00 to $252.00 and gave the stock a “hold” rating in a report on Tuesday, February 10th. Thirteen investment analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $281.74.

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.