V Square Quantitative Management LLC Makes New $2.08 Million Investment in Expedia Group, Inc. $EXPE

V Square Quantitative Management LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, HoldingsChannel reports. The fund bought 7,340 shares of the online travel company’s stock, valued at approximately $2,079,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. JFS Wealth Advisors LLC raised its stake in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in Expedia Group during the 4th quarter valued at $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group during the 3rd quarter valued at $30,000. Rossby Financial LCC increased its stake in Expedia Group by 103.8% during 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 period. Finally, SOA Wealth Advisors LLC. acquired a new position in Expedia Group in the 3rd quarter worth $36,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Expedia Group 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 9.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several recent analyst reports. HSBC raised their target price on Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Zacks Research lowered Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wedbush reiterated a “neutral” rating and set a $260.00 target price on shares of Expedia Group in a research note on Tuesday, February 17th. B. Riley Financial lifted their price target on shares of Expedia Group from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, TD Cowen cut their price target on shares of Expedia Group from $300.00 to $260.00 and set a “hold” rating on the stock in a report on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat, Expedia Group has an average rating of “Hold” and a consensus target price of $282.45.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $236.90 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $29.03 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 0.69 and a beta of 1.33. Expedia Group, Inc. has a twelve month low of $136.13 and a twelve month high of $303.80. The business has a 50 day simple moving average of $228.83 and a 200-day simple moving average of $244.92.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. During the same period last year, the business posted $2.39 earnings per share. The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s payout ratio is currently 19.49%.

Expedia Group 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.