2,197 Shares in Expedia Group Inc (EXPE) Acquired by Buckley Wealth Management LLC

Buckley Wealth Management LLC acquired a new stake in shares of Expedia Group Inc (NASDAQ:EXPE) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 2,197 shares of the online travel company’s stock, valued at approximately $261,000.

Other large investors have also recently modified their holdings of the company. North Star Investment Management Corp. purchased a new position in Expedia Group during the first quarter valued at approximately $25,000. Liberty Wealth Management LLC purchased a new position in Expedia Group during the fourth quarter valued at approximately $32,000. Legacy Bridge LLC purchased a new position in Expedia Group during the fourth quarter valued at approximately $35,000. JOYN Advisors Inc. grew its stake in Expedia Group by 53.0% during the fourth quarter. JOYN Advisors Inc. now owns 332 shares of the online travel company’s stock valued at $37,000 after acquiring an additional 115 shares in the last quarter. Finally, Rational Advisors LLC purchased a new position in Expedia Group during the fourth quarter valued at approximately $38,000. 79.70% of the stock is owned by institutional investors.

NASDAQ:EXPE traded up $0.43 during midday trading on Thursday, reaching $124.59. 681,038 shares of the stock traded hands, compared to its average volume of 1,547,738. Expedia Group Inc has a 12 month low of $105.87 and a 12 month high of $139.77. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $18.28 billion, a P/E ratio of 25.90, a P/E/G ratio of 1.54 and a beta of 0.93.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 7th. The online travel company reported $1.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.50. Expedia Group had a net margin of 3.62% and a return on equity of 12.96%. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the business earned $0.84 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. As a group, analysts anticipate that Expedia Group Inc will post 6.01 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 7th were issued a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $1.28 annualized dividend and a yield of 1.03%. Expedia Group’s dividend payout ratio (DPR) is presently 26.61%.

EXPE has been the subject of a number of research reports. BidaskClub raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Thursday, December 20th. Zacks Investment Research raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research note on Monday, December 31st. Goldman Sachs Group raised shares of Expedia Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $125.00 to $140.00 in a research note on Friday, January 4th. Morgan Stanley cut shares of Expedia Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $150.00 to $125.00 in a research note on Wednesday, January 9th. Finally, Vertical Group initiated coverage on shares of Expedia Group in a research note on Thursday, January 31st. They issued a “positive” rating for the company. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $146.94.

In related news, CAO Lance A. Soliday sold 1,635 shares of the stock in a transaction dated Tuesday, February 19th. The shares were sold at an average price of $124.56, for a total value of $203,655.60. Following the completion of the transaction, the chief accounting officer now directly owns 6,644 shares in the company, valued at approximately $827,576.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lance A. Soliday sold 1,749 shares of the stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $116.70, for a total transaction of $204,108.30. Following the completion of the transaction, the insider now owns 6,393 shares of the company’s stock, valued at $746,063.10. The disclosure for this sale can be found here. Insiders sold a total of 125,508 shares of company stock valued at $15,999,089 over the last 90 days. Company insiders own 20.96% of the company’s stock.

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About Expedia Group

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

Further Reading: How does a 12b-1 fee affect fund performance?

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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