TD Waterhouse Canada Inc. Boosts Stock Position in Expedia Group, Inc. $EXPE

TD Waterhouse Canada Inc. increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,016 shares of the online travel company’s stock after purchasing an additional 3,342 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Expedia Group were worth $12,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. United Community Bank bought a new stake in shares of Expedia Group in the 2nd quarter worth approximately $255,000. Concurrent Investment Advisors LLC raised its holdings in shares of Expedia Group by 8.6% during the second quarter. Concurrent Investment Advisors LLC now owns 6,117 shares of the online travel company’s stock valued at $1,565,000 after acquiring an additional 485 shares in the last quarter. NEOS Investment Management LLC raised its holdings in shares of Expedia Group by 8.3% during the second quarter. NEOS Investment Management LLC now owns 18,289 shares of the online travel company’s stock valued at $4,680,000 after acquiring an additional 1,403 shares in the last quarter. AXQ Capital LP purchased a new stake in Expedia Group in the second quarter worth $620,000. Finally, Nykredit A S purchased a new stake in Expedia Group in the second quarter worth $14,825,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $298.04 on Friday. Expedia Group, Inc. has a twelve month low of $185.34 and a twelve month high of $342.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. The company has a market capitalization of $35.77 billion, a P/E ratio of 18.58, a PEG ratio of 0.73 and a beta of 1.25. The stock’s 50 day moving average is $294.84 and its 200 day moving average is $253.83.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. During the same quarter in the previous year, the business earned $4.24 earnings per share. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, equities research analysts predict that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s payout ratio is currently 11.97%.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,133 shares of Expedia Group stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $328.52, for a total value of $1,029,253.16. Following the completion of the transaction, the director directly owned 29,832 shares of the company’s stock, valued at approximately $9,800,408.64. The trade was a 9.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 2,810 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer owned 12,006 shares in the company, valued at approximately $3,885,741.90. This represents a 18.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,950 shares of company stock worth $3,881,995 in the last quarter. Corporate insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several research reports. DA Davidson decreased their price objective on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Dbs Bank raised shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. TD Cowen boosted their price target on shares of Expedia Group from $285.00 to $320.00 and gave the company a “hold” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their price target on shares of Expedia Group from $290.00 to $330.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 6th. Finally, Barclays raised their price objective on shares of Expedia Group from $264.00 to $320.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Eighteen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $318.71.

About Expedia Group

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.