Fiera Capital Corp Sells 6,460 Shares of Expedia Group, Inc. $EXPE

Fiera Capital Corp lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 289,192 shares of the online travel company’s stock after selling 6,460 shares during the quarter. Fiera Capital Corp owned approximately 0.23% of Expedia Group worth $61,815,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in EXPE. Leith Wheeler Investment Counsel Ltd. increased its holdings in 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 buying an additional 2,767 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of Expedia Group during the 3rd quarter worth $1,063,000. Railway Pension Investments Ltd grew its position in shares of 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 acquiring an additional 18,900 shares during the period. Convergence Investment Partners LLC purchased a new stake in shares of Expedia Group in the 3rd quarter worth $1,001,000. Finally, National Pension Service raised its holdings in Expedia Group by 6.7% in the 3rd quarter. National Pension Service now owns 248,328 shares of the online travel company’s stock worth $53,080,000 after purchasing an additional 15,611 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 2.0%

Shares of EXPE opened at $199.76 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.73 and a debt-to-equity ratio of 1.75. The business has a fifty day moving average of $268.11 and a 200 day moving average of $240.67. The company has a market cap of $24.48 billion, a PE ratio of 20.28, a P/E/G ratio of 0.64 and a beta of 1.41. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its quarterly 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. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The firm had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.41 billion. During the same period in the previous year, the company earned $2.39 EPS. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. On average, sell-side analysts expect 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 will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.48 per share. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s payout ratio is currently 16.24%.

Analyst Ratings Changes

EXPE has been the topic of several recent analyst reports. Morgan Stanley raised their price objective 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. TD Cowen decreased their price target on Expedia Group from $300.00 to $260.00 and set a “hold” rating on the stock in a report on Friday, February 13th. Argus lowered their price objective on Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research report on Tuesday. DA Davidson cut their target price on Expedia Group from $294.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Finally, Robert W. Baird lifted their price objective on shares of Expedia Group from $280.00 to $282.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Twelve research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $284.35.

Insider Buying and Selling at Expedia Group

In related news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.13% of the company’s stock.

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.