5,071 Shares in Expedia Group, Inc. $EXPE Acquired by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 5,071 shares of the online travel company’s stock, valued at approximately $1,084,000.

Other hedge funds also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new position in Expedia Group during the third quarter worth about $30,000. Rossby Financial LCC boosted its position in shares of Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. SOA Wealth Advisors LLC. bought a new position in shares of Expedia Group during the 3rd quarter valued at about $36,000. Armstrong Advisory Group Inc. raised its holdings in shares of Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock worth $37,000 after purchasing an additional 117 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.13% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE opened at $241.25 on Wednesday. The business’s 50-day moving average is $245.41 and its 200-day moving average is $243.68. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $29.56 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 0.71 and a beta of 1.41. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, topping the consensus estimate 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 net margin of 8.78% and a return on equity of 72.23%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the company 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 declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.48 dividend. 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. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s dividend payout ratio (DPR) is currently 19.49%.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent research reports. HSBC increased their price objective on Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Morgan Stanley upped their price target on shares of Expedia Group from $180.00 to $270.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. Barclays raised 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 note on Friday, February 13th. Benchmark cut their target price on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, Sanford C. Bernstein reduced their target price on Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a report on Wednesday, March 11th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $281.65.

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.