Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 2,400 Shares of Expedia Group, Inc. $EXPE

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 233.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,427 shares of the online travel company’s stock after purchasing an additional 2,400 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Expedia Group were worth $971,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JFS Wealth Advisors LLC lifted its position in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $29,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Expedia Group during the third quarter valued at approximately $30,000. Rossby Financial LCC increased its position in shares of Expedia Group by 103.8% during the third 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 during the period. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of Expedia Group in the third quarter valued at $36,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Performance

NASDAQ EXPE opened at $225.30 on Friday. The firm has a market cap of $27.61 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 0.69 and a beta of 1.33. The company has a 50 day moving average of $231.07 and a 200-day moving average of $244.64. 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, Inc. has a 1-year low of $130.01 and a 1-year high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its 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 for 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% compared to the same quarter last year. During the same period in the previous year, the business earned $2.39 EPS. On average, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders 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. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 5th. Expedia Group’s payout ratio is presently 19.49%.

Analysts Set New Price Targets

EXPE has been the subject of several research reports. HSBC raised their target price on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Argus dropped their price objective on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Susquehanna reaffirmed a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Royal Bank Of Canada lifted their target price on shares of Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. Finally, BTIG Research reissued a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a research note on Monday, March 16th. Fourteen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $282.65.

Insider Buying and Selling

In other 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 sale, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate 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.