MQS Management LLC Invests $276,000 in Expedia Group, Inc. $EXPE

MQS Management LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,637 shares of the online travel company’s stock, valued at approximately $276,000.

A number of other hedge funds also recently made changes to their positions in EXPE. Nuveen LLC bought a new position in shares of Expedia Group during the first quarter worth about $227,174,000. Los Angeles Capital Management LLC increased its holdings in Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock worth $172,995,000 after purchasing an additional 999,454 shares in the last quarter. AQR Capital Management LLC increased its holdings in Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after purchasing an additional 917,192 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new stake in Expedia Group in the first quarter worth approximately $82,975,000. Finally, Alkeon Capital Management LLC increased its holdings in Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock worth $399,284,000 after purchasing an additional 398,804 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EXPE shares. Truist Financial set a $210.00 target price on Expedia Group in a report on Monday. Oppenheimer reiterated an “outperform” rating on shares of Expedia Group in a report on Friday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. Susquehanna lifted their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, August 11th. Finally, Royal Bank Of Canada lifted their target price on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a 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 given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $214.29.

Expedia Group Trading Up 1.7%

Shares of Expedia Group stock opened at $222.50 on Tuesday. 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 52 week low of $130.01 and a 52 week high of $240.98. The stock has a 50 day moving average price of $217.46 and a two-hundred day moving average price of $187.78. The stock has a market capitalization of $27.53 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 1.14 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the transaction, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. The trade was a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. The trade was a 8.14% 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 90 days. Insiders own 9.13% of the company’s stock.

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.