Capital & Planning LLC Invests $917,000 in Expedia Group, Inc. $EXPE

Capital & Planning LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,241 shares of the online travel company’s stock, valued at approximately $917,000.

Several other institutional investors have also recently made changes to their positions in the company. CI Investments Inc. increased its position in Expedia Group by 1,735.0% during the 3rd quarter. CI Investments Inc. now owns 42,223 shares of the online travel company’s stock valued at $9,025,000 after buying an additional 39,922 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Expedia Group during the 3rd quarter valued at approximately $1,063,000. Convergence Investment Partners LLC bought a new position in Expedia Group during the 3rd quarter valued at approximately $1,001,000. Railway Pension Investments Ltd increased its position in Expedia Group by 19.6% during the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock valued at $24,624,000 after buying an additional 18,900 shares in the last quarter. Finally, Savant Capital LLC increased its position in Expedia Group by 13.9% during the 3rd quarter. Savant Capital LLC now owns 39,700 shares of the online travel company’s stock valued at $8,486,000 after buying an additional 4,853 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EXPE. HSBC raised 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. Benchmark reduced their price objective on Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Mizuho reduced their price objective on Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. B. Riley Financial lifted their target price on Expedia Group from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Citizens Jmp reissued a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Fourteen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $282.45.

Insider Activity

In other news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was 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 in the company, valued at $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 9.13% of the stock is currently owned by company insiders.

Expedia Group Stock Down 0.9%

Expedia Group stock opened at $228.09 on Friday. The firm has a market cap of $27.95 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 0.70 and a beta of 1.33. The stock has a fifty day simple moving average of $227.25 and a two-hundred day simple moving average of $245.02. Expedia Group, Inc. has a 12 month low of $144.20 and a 12 month high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

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

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were paid a $0.48 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date was Thursday, March 5th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is 19.49%.

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.