Dakota Wealth Management Grows Position in Expedia Group, Inc. $EXPE

Dakota Wealth Management grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 37.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,997 shares of the online travel company’s stock after acquiring an additional 6,863 shares during the quarter. Dakota Wealth Management’s holdings in Expedia Group were worth $7,082,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in EXPE. Brighton Jones LLC purchased a new position in Expedia Group in the 4th quarter valued at about $408,000. NewEdge Advisors LLC boosted its stake in shares of Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Expedia Group during the second quarter worth about $596,000. MAI Capital Management grew its holdings in shares of Expedia Group by 82.2% during the second quarter. MAI Capital Management now owns 1,084 shares of the online travel company’s stock worth $183,000 after buying an additional 489 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Expedia Group by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 749,211 shares of the online travel company’s stock valued at $126,377,000 after buying an additional 3,252 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

Expedia Group stock opened at $225.81 on Friday. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80. The firm has a 50 day moving average price of $235.95 and a 200 day moving average price of $244.43. The company has a market cap of $27.67 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 0.73 and a beta of 1.41. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73.

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

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were issued 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 an increase from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Benchmark reduced their price objective 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. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. The Goldman Sachs Group boosted their price target on Expedia Group from $325.00 to $355.00 and gave the company a “buy” rating in a report on Friday, February 13th. BTIG Research reissued a “buy” rating and set a $330.00 price target on shares of Expedia Group in a research note on Monday, March 16th. Finally, Sanford C. Bernstein decreased their price objective on Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a report on Wednesday, March 11th. Thirteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $282.29.

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.