Expedia Group, Inc. $EXPE Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,376 shares of the online travel company’s stock after purchasing an additional 5,588 shares during the quarter. Mackenzie Financial Corp’s holdings in Expedia Group were worth $20,474,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EXPE. First Horizon Advisors Inc. grew its holdings in shares of Expedia Group by 4.3% during the second quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock valued at $227,000 after buying an additional 55 shares during the last quarter. New York Life Investment Management LLC raised its stake in Expedia Group by 0.4% in the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock worth $2,832,000 after acquiring an additional 64 shares during the last quarter. Consilio Wealth Advisors LLC lifted its position in Expedia Group by 4.1% during the 2nd quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after acquiring an additional 71 shares during the period. Horizon Investments LLC grew its stake in Expedia Group by 4.4% during the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock valued at $299,000 after purchasing an additional 75 shares during the last quarter. Finally, Moody National Bank Trust Division increased its holdings in shares of Expedia Group by 1.7% in the second quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock valued at $821,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Royal Bank Of Canada lifted their target price on Expedia Group from $200.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, November 7th. Piper Sandler upgraded shares of Expedia Group from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $190.00 to $250.00 in a research note on Friday, November 7th. BNP Paribas began coverage on shares of Expedia Group in a research note on Monday, November 24th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. boosted their target price on shares of Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, B. Riley upped their price target on shares of Expedia Group from $260.00 to $300.00 and gave the company a “buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $265.31.

Expedia Group Stock Performance

EXPE opened at $258.81 on Tuesday. The firm has a fifty day moving average price of $230.92 and a 200 day moving average price of $202.93. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $279.61. The stock has a market cap of $31.71 billion, a P/E ratio of 31.72, a P/E/G ratio of 1.15 and a beta of 1.58. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same quarter last year, the business earned $6.13 earnings per share. The firm’s revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Buying and Selling

In other news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the sale, the director directly owned 30,858 shares in the company, valued at $8,379,489.90. The trade was a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 9.13% of the company’s stock.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.