Corient Private Wealth LLC Has $17.34 Million Stock Holdings in Expedia Group, Inc. $EXPE

Corient Private Wealth LLC grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 17.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 61,211 shares of the online travel company’s stock after acquiring an additional 9,256 shares during the quarter. Corient Private Wealth LLC’s holdings in Expedia Group were worth $17,344,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC bought a new position in Expedia Group in the 4th quarter valued at about $408,000. NewEdge Advisors LLC lifted its holdings in shares of Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Expedia Group during the 2nd quarter worth approximately $596,000. Daiwa Securities Group Inc. boosted its position in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after acquiring an additional 1,290 shares in the last quarter. Finally, AXA S.A. increased its stake in Expedia Group by 5.9% in the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after acquiring an additional 615 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Up 3.0%

Shares of EXPE opened at $245.07 on Wednesday. The stock’s 50-day moving average price is $235.68 and its two-hundred day moving average price is $246.27. 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 company has a market capitalization of $30.03 billion, a PE ratio of 21.57, a PEG ratio of 0.62 and a beta of 1.25. Expedia Group, Inc. has a 12 month low of $164.47 and a 12 month high of $303.80.

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

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio is presently 16.90%.

Analysts Set New Price Targets

Several brokerages have commented on EXPE. Jefferies Financial Group upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $240.00 to $300.00 in a research report on Monday, March 30th. Truist Financial reduced their target price on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Wells Fargo & Company decreased their price target on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating on the stock in a research note on Friday, May 8th. UBS Group lowered their price target on Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and an average target price of $284.42.

Insider Buying and Selling

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

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.