AustralianSuper Pty Ltd Has $49.94 Million Stock Holdings in Expedia Group, Inc. $EXPE

AustralianSuper Pty Ltd trimmed its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,052 shares of the online travel company’s stock after selling 886 shares during the quarter. AustralianSuper Pty Ltd owned approximately 0.23% of Expedia Group worth $49,938,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hunter Associates Investment Management LLC increased its position in Expedia Group by 10.2% during the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock worth $5,051,000 after purchasing an additional 2,776 shares in the last quarter. OMNI 360 Wealth Inc. acquired a new position in Expedia Group during the 2nd quarter worth approximately $325,000. Korea Investment CORP increased its position in Expedia Group by 55.1% during the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock worth $29,911,000 after purchasing an additional 63,244 shares in the last quarter. Monument Capital Management acquired a new position in Expedia Group during the 1st quarter worth approximately $2,261,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Expedia Group by 19.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company’s stock worth $2,662,000 after purchasing an additional 2,534 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Bank of America upped their price target on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Wells Fargo & Company upped their price target on shares of Expedia Group from $211.00 to $212.00 and gave the company an “equal weight” rating in a research report on Monday, October 6th. Morgan Stanley upped their price target on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Citigroup upped their price target on shares of Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. Finally, Royal Bank Of Canada upped their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $212.79.

Insider Transactions at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The sale 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 852 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 over the last three months. 9.13% of the stock is owned by company insiders.

Expedia Group Trading Up 1.5%

EXPE opened at $218.85 on Monday. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a fifty day moving average of $217.14 and a 200-day moving average of $187.36. The stock has a market cap of $27.08 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 1.14 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same period in the prior year, the company posted $3.51 earnings per share. Expedia Group’s revenue for the quarter was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is 19.61%.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.