Asset Management One Co. Ltd. Raises Holdings in Expedia Group, Inc. $EXPE

Asset Management One Co. Ltd. raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,822 shares of the online travel company’s stock after buying an additional 772 shares during the period. Asset Management One Co. Ltd.’s holdings in Expedia Group were worth $8,573,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Roman Butler Fullerton & Co. purchased a new stake in Expedia Group during the 2nd quarter worth about $316,000. Farley Capital L.P. increased its holdings in Expedia Group by 116.9% during the 2nd quarter. Farley Capital L.P. now owns 7,050 shares of the online travel company’s stock worth $1,189,000 after purchasing an additional 3,800 shares during the period. RNC Capital Management LLC increased its holdings in Expedia Group by 0.3% during the 2nd quarter. RNC Capital Management LLC now owns 29,900 shares of the online travel company’s stock worth $5,044,000 after purchasing an additional 100 shares during the period. Freedom Investment Management Inc. increased its holdings in Expedia Group by 5.1% during the 2nd quarter. Freedom Investment Management Inc. now owns 5,523 shares of the online travel company’s stock worth $932,000 after purchasing an additional 266 shares during the period. Finally, Forum Financial Management LP purchased a new stake in Expedia Group during the 2nd quarter worth about $292,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 1.7%

EXPE opened at $222.50 on Tuesday. The business’s 50-day simple moving average is $217.46 and its 200-day simple moving average is $187.78. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The stock has a market capitalization of $27.53 billion, a P/E ratio of 27.27, a price-to-earnings-growth ratio of 1.14 and a beta of 1.56.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping analysts’ consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter in the previous year, the firm earned $3.51 earnings per share. The business’s revenue 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. Analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is currently 19.61%.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider directly owned 77,075 shares in the company, valued at approximately $15,479,743. This represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock valued at $2,009,132 over the last quarter. 9.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EXPE shares. Jefferies Financial Group upped their price target on Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a report on Friday, October 17th. KeyCorp assumed coverage on Expedia Group in a research note on Wednesday, October 22nd. They issued a “sector weight” rating on the stock. Bank of America raised their price target on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Morgan Stanley raised their price target on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. Finally, Susquehanna raised their price target on Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $214.29.

Read Our Latest Research Report on EXPE

Expedia Group Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPEFree Report).

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

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.