Stock Yards Bank & Trust Co. Sells 3,077 Shares of Expedia Group, Inc. $EXPE

Stock Yards Bank & Trust Co. reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,595 shares of the online travel company’s stock after selling 3,077 shares during the period. Expedia Group accounts for 1.5% of Stock Yards Bank & Trust Co.’s portfolio, making the stock its 16th largest position. Stock Yards Bank & Trust Co. owned approximately 0.14% of Expedia Group worth $50,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of EXPE. Brighton Jones LLC purchased a new stake in Expedia Group in the fourth quarter worth about $408,000. NewEdge Advisors LLC grew its holdings in Expedia Group by 5.0% in the first 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 period. Sivia Capital Partners LLC purchased a new stake in Expedia Group in the second quarter worth about $596,000. CW Advisors LLC grew its holdings in Expedia Group by 4.3% in the second quarter. CW Advisors LLC now owns 4,719 shares of the online travel company’s stock worth $796,000 after purchasing an additional 194 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Expedia Group by 365.7% in the second quarter. EverSource Wealth Advisors LLC now owns 2,934 shares of the online travel company’s stock worth $495,000 after purchasing an additional 2,304 shares during the period. 90.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EXPE shares. Deutsche Bank Aktiengesellschaft set a $244.00 price objective on shares of Expedia Group in a report on Friday, February 13th. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Citizens Jmp restated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Weiss Ratings cut shares of Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Finally, Benchmark cut their price target on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $282.45.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Trading Up 1.7%

NASDAQ:EXPE opened at $229.04 on Tuesday. The company’s 50 day moving average price is $230.26 and its 200-day moving average price is $244.97. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. 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 has a market cap of $28.07 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 0.69 and a beta of 1.33.

Expedia Group (NASDAQ:EXPE) last posted 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. 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 for the quarter, compared to analysts’ expectations of $3.41 billion. During the same quarter in the prior year, the company posted $2.39 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a $0.48 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, March 5th. Expedia Group’s dividend payout ratio 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.