Syon Capital LLC Acquires 2,486 Shares of Expedia Group, Inc. $EXPE

Syon Capital LLC increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 51.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,330 shares of the online travel company’s stock after purchasing an additional 2,486 shares during the period. Syon Capital LLC’s holdings in Expedia Group were worth $2,077,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Entrust Financial LLC bought a new stake in Expedia Group in the fourth quarter worth $26,000. JFS Wealth Advisors LLC increased its position in Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Expedia Group during the fourth quarter valued at $29,000. Rossby Financial LCC increased its position in Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after acquiring an additional 82 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after acquiring an additional 165 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE opened at $228.88 on Monday. The firm has a market capitalization of $28.05 billion, a P/E ratio of 20.15, a P/E/G ratio of 0.60 and a beta of 1.25. Expedia Group, Inc. has a 12-month low of $160.00 and a 12-month high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The firm has a fifty day moving average price of $234.33 and a 200-day moving average price of $247.79.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 earnings per share. Equities research analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s payout ratio is currently 16.90%.

Insider Activity

In other news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on EXPE. Truist Financial cut their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Zacks Research cut shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings cut shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Argus cut their price objective on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Finally, Citic Securities cut their price objective on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and an average target price of $284.42.

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.