MUFG Securities EMEA plc raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 112.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,797 shares of the online travel company’s stock after buying an additional 2,535 shares during the period. MUFG Securities EMEA plc’s holdings in Expedia Group were worth $1,359,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of EXPE. Entrust Financial LLC acquired a new position in Expedia Group during the 4th quarter valued at about $26,000. JFS Wealth Advisors LLC increased its stake in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new position in Expedia Group during the 4th quarter valued at about $29,000. Rossby Financial LCC increased its stake in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after buying an additional 82 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.
Insider Activity at Expedia Group
In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 5.20% of the stock is currently owned by insiders.
Analyst Ratings Changes
Read Our Latest Report on Expedia Group
Expedia Group Stock Down 0.9%
EXPE stock opened at $226.37 on Wednesday. Expedia Group, Inc. has a 12 month low of $160.00 and a 12 month high of $303.80. The firm has a market cap of $27.74 billion, a PE ratio of 19.93, a P/E/G ratio of 0.70 and a beta of 1.25. The firm has a 50 day simple moving average of $235.08 and a 200 day simple moving average of $248.79. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same period in the prior year, the business earned $0.40 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. Equities research analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.
Expedia Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.
Expedia Group Company 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.
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