Expedia Group, Inc. $EXPE Position Lifted by Abacus FCF Advisors LLC

Abacus FCF Advisors LLC grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,898 shares of the online travel company’s stock after acquiring an additional 1,992 shares during the period. Expedia Group comprises approximately 2.0% of Abacus FCF Advisors LLC’s holdings, making the stock its 25th biggest position. Abacus FCF Advisors LLC owned 0.06% of Expedia Group worth $14,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. OMNI 360 Wealth Inc. bought a new position in shares of Expedia Group in the second quarter worth $325,000. Leith Wheeler Investment Counsel Ltd. raised its stake in shares of Expedia Group by 2.6% during the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after purchasing an additional 2,767 shares in the last quarter. Vise Technologies Inc. acquired a new stake in Expedia Group in the second quarter worth about $2,351,000. NorthCrest Asset Manangement LLC bought a new position in Expedia Group in the 2nd quarter valued at about $417,000. Finally, Brighton Jones LLC increased its stake in Expedia Group by 44.1% during the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock valued at $3,486,000 after buying an additional 4,988 shares during the period. Institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the subject of a number of research analyst reports. Argus upped their price target on shares of Expedia Group from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday. Wedbush boosted their target price on Expedia Group from $250.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Evercore ISI upped their target price on Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price target on Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, BMO Capital Markets boosted their price objective on Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $271.91.

Expedia Group Stock Down 0.3%

Shares of Expedia Group stock opened at $286.82 on Tuesday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $292.42. The firm has a market capitalization of $35.14 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.30 and a beta of 1.44. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. The stock’s fifty day moving average is $255.01 and its 200-day moving average is $218.46.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.Expedia Group’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $6.13 EPS. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is presently 15.31%.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,849 shares of company stock valued at $1,283,270 over the last ninety days. 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.