Financiere des Professionnels Fonds d investissement inc. Buys 4,624 Shares of Expedia Group, Inc. $EXPE

Financiere des Professionnels Fonds d investissement inc. grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 131.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,137 shares of the online travel company’s stock after buying an additional 4,624 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Expedia Group were worth $2,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Orion Porfolio Solutions LLC raised its position in shares of Expedia Group by 0.4% during the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock valued at $2,098,000 after buying an additional 38 shares during the last quarter. RHS Financial LLC raised its position in shares of Expedia Group by 4.0% during the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after buying an additional 40 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Expedia Group by 8.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after buying an additional 43 shares during the last quarter. Harbor Investment Advisory LLC raised its position in shares of Expedia Group by 16.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after buying an additional 44 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its position in shares of 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 buying an additional 44 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $218.94 on Thursday. The company’s 50-day moving average price is $234.15 and its 200-day moving average price is $247.51. Expedia Group, Inc. has a twelve month low of $160.00 and a twelve month high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The company has a market cap of $26.83 billion, a PE ratio of 19.27, a price-to-earnings-growth ratio of 0.60 and a beta of 1.25.

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

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

Analyst Upgrades and Downgrades

EXPE has been the topic of several recent analyst reports. Benchmark reduced their price objective on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Argus dropped their price target on Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Weiss Ratings lowered Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, BMO Capital Markets increased their price target on Expedia Group from $250.00 to $255.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. According to MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $284.42.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is owned by insiders.

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.