Chicago Partners Investment Group LLC Boosts Stake in Expedia Group, Inc. $EXPE

Chicago Partners Investment Group LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 87.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 8,060 shares of the online travel company’s stock after acquiring an additional 3,758 shares during the period. Chicago Partners Investment Group LLC’s holdings in Expedia Group were worth $1,816,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EXPE. Norges Bank bought a new stake in Expedia Group during the second quarter worth about $663,882,000. AQR Capital Management LLC lifted its position in Expedia Group by 102.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after buying an additional 1,473,386 shares during the last quarter. LSV Asset Management boosted its stake in Expedia Group by 497.0% in the second quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after buying an additional 725,797 shares in the last quarter. Meridiem Capital Partners LP purchased a new stake in Expedia Group in the second quarter worth approximately $26,131,000. Finally, Natixis grew its position in Expedia Group by 1,175.3% during the second quarter. Natixis now owns 166,372 shares of the online travel company’s stock valued at $28,064,000 after acquiring an additional 153,326 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Activity

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were 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 in the company, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares of the company’s stock, valued at approximately $752,328. This represents a 25.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 4,849 shares of company stock valued at $1,283,270. Company insiders own 9.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EXPE shares. Rothschild & Co Redburn upped their price objective on shares of Expedia Group from $290.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Evercore ISI boosted their price target on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Wells Fargo & Company upped their price target on shares of Expedia Group from $272.00 to $329.00 and gave the company an “equal weight” rating in a research report on Friday, January 9th. TD Cowen lifted their price objective on Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Finally, Royal Bank Of Canada boosted their target price on Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $289.13.

Expedia Group Price Performance

EXPE stock opened at $279.66 on Friday. The stock has a market capitalization of $34.27 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 0.87 and a beta of 1.43. The firm’s 50-day moving average price is $274.95 and its two-hundred day moving average price is $232.78. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period last year, the firm earned $6.13 earnings per share. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. As a group, equities 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 disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

Expedia Group Company 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.