Nisa Investment Advisors LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 26.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 49,556 shares of the online travel company’s stock after acquiring an additional 10,507 shares during the period. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $8,359,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in EXPE. Vanguard Group Inc. boosted its holdings in Expedia Group by 2.7% during the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock worth $2,555,424,000 after purchasing an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC raised its position in shares of Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after buying an additional 398,804 shares in the last quarter. AQR Capital Management LLC grew its holdings in Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after acquiring an additional 917,192 shares during the last quarter. Nuveen LLC acquired a new position in Expedia Group in the first quarter valued at approximately $227,174,000. Finally, Northern Trust Corp grew its holdings in Expedia Group by 4.4% during the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after buying an additional 55,575 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on EXPE shares. Susquehanna raised their price target on Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, August 11th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. DA Davidson boosted their price target on Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. B. Riley upped their price target on Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, UBS Group upped their price objective on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus target price of $214.29.
Insiders Place Their Bets
In other news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares of the company’s stock, valued at $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock worth $2,009,132. Corporate insiders own 9.13% of the company’s stock.
Expedia Group Stock Up 1.7%
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. The business’s 50-day simple moving average is $217.46 and its two-hundred day simple moving average is $187.78. The company has a market cap of $27.53 billion, a PE ratio of 27.27, a PEG ratio of 1.14 and a beta of 1.56. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio is presently 19.61%.
Expedia Group 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.
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