Caerus Investment Advisors LLC Has $378,000 Stock Position in Expedia Group, Inc. $EXPE

Caerus Investment Advisors LLC lowered its position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 71.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,637 shares of the online travel company’s stock after selling 4,184 shares during the period. Caerus Investment Advisors LLC’s holdings in Expedia Group were worth $378,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group during the fourth quarter worth approximately $26,000. Sunbelt Securities Inc. lifted its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after purchasing an additional 165 shares in the last quarter. DV Equities LLC bought a new position in shares of Expedia Group in the 4th quarter worth $46,000. Finally, Cache Advisors LLC acquired a new stake in Expedia Group in the 1st quarter valued at $48,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on EXPE shares. TD Cowen upped their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Citic Securities reduced their price objective on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a report on Friday, May 15th. Robert W. Baird boosted their target price on shares of Expedia Group from $290.00 to $294.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Finally, Wall Street Zen raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $290.76.

View Our Latest Report on Expedia Group

Expedia Group Trading Up 0.6%

NASDAQ EXPE opened at $294.74 on Friday. The firm has a market capitalization of $36.12 billion, a P/E ratio of 25.95, a PEG ratio of 0.77 and a beta of 1.23. The business has a fifty day simple moving average of $252.25 and a 200 day simple moving average of $243.89. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $312.40. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue was up 14.7% on a year-over-year basis. During the same period last year, the business earned $0.40 EPS. On average, analysts predict that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by company insiders.

Expedia Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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