Millington Financial Advisors LLC Lowers Stake in Expedia Group, Inc. $EXPE

Millington Financial Advisors LLC cut its position in Expedia Group, Inc. (NASDAQ:EXPE) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,253 shares of the online travel company’s stock after selling 317 shares during the period. Expedia Group comprises 1.1% of Millington Financial Advisors LLC’s portfolio, making the stock its 29th largest holding. Millington Financial Advisors LLC’s holdings in Expedia Group were worth $2,236,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. First Horizon Advisors Inc. raised its holdings in 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 acquiring an additional 55 shares during the period. New York Life Investment Management LLC raised its stake in Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock valued at $2,832,000 after purchasing an additional 64 shares during the period. Consilio Wealth Advisors LLC raised its stake 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 valued at $305,000 after purchasing an additional 71 shares during the period. Horizon Investments LLC lifted its holdings in Expedia Group by 4.4% in the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock worth $299,000 after purchasing an additional 75 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its stake in Expedia Group by 1.7% in the 2nd quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock worth $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.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on EXPE shares. Bank of America lifted their price target on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a report on Friday, August 8th. Citigroup increased their price target on Expedia Group from $206.00 to $281.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. The Goldman Sachs Group upped their price objective on Expedia Group from $253.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, November 7th. DA Davidson set a $294.00 price objective on Expedia Group in a research note on Monday, November 17th. Finally, Cowen reiterated a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $265.31.

Expedia Group Price Performance

Shares of EXPE stock opened at $255.28 on Friday. The stock has a 50 day moving average price of $230.22 and a 200 day moving average price of $202.05. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $279.61. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $31.28 billion, a P/E ratio of 31.28, a P/E/G ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts predict 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. Stockholders of record on Wednesday, November 19th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. 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 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 transaction, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. The trade was a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction 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 sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.13% of the stock is currently owned by company insiders.

Expedia Group Company Profile

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.