CoreCap Advisors LLC Has $2.98 Million Holdings in Expedia Group, Inc. $EXPE

CoreCap Advisors LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 206.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,530 shares of the online travel company’s stock after acquiring an additional 7,090 shares during the period. CoreCap Advisors LLC’s holdings in Expedia Group were worth $2,983,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

EXPE has been the subject of several recent research reports. UBS Group set a $266.00 price objective on Expedia Group in a report on Friday, February 13th. Bank of America lifted their price target on shares of Expedia Group from $303.00 to $306.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Citigroup decreased their price target on shares of Expedia Group from $281.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Weiss Ratings downgraded shares of Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Finally, Morgan Stanley lifted their price objective on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a report on Friday. Thirteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $282.29.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $225.81 on Friday. The company has a market capitalization of $27.67 billion, a PE ratio of 22.92, a PEG ratio of 0.73 and a beta of 1.41. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.75. The stock’s 50 day moving average price is $235.95 and its 200-day moving average price is $244.43. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $303.80.

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

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, March 5th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the business’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 directly owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.13% of the stock is owned by insiders.

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.