Deseret Mutual Benefit Administrators Has $56,000 Stake in Expedia Group, Inc. $EXPE

Deseret Mutual Benefit Administrators raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 80.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 331 shares of the online travel company’s stock after acquiring an additional 148 shares during the quarter. Deseret Mutual Benefit Administrators’ holdings in Expedia Group were worth $56,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. McClarren Financial Advisors Inc. bought a new stake in Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. GFG Capital LLC acquired a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $29,000. Trust Co. of Toledo NA OH bought a new position in shares of Expedia Group in the second quarter valued at $31,000. Finally, Park Square Financial Group LLC bought a new position in shares of Expedia Group in the first quarter valued at $34,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Trading Up 1.3%

Shares of NASDAQ:EXPE opened at $225.30 on Wednesday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $240.98. The stock has a market cap of $27.87 billion, a PE ratio of 27.61, a P/E/G ratio of 1.16 and a beta of 1.56. The business has a 50 day moving average of $217.80 and a 200-day moving average of $188.31. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (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 company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter in the previous year, the company posted $3.51 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 2,658 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares in the company, valued at $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the business’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 sale, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 over the last quarter. Company insiders own 9.13% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the topic of several analyst reports. DA Davidson upped their price target on shares of Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a report on Monday, August 11th. KeyCorp began coverage on shares of Expedia Group in a research note on Wednesday, October 22nd. They issued a “sector weight” rating for the company. Benchmark boosted their price target on Expedia Group from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Piper Sandler upped their price objective on Expedia Group from $135.00 to $190.00 and gave the company an “underweight” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average target price of $214.29.

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.