Jupiter Asset Management Ltd. Buys 109,686 Shares of Expedia Group, Inc. $EXPE

Jupiter Asset Management Ltd. lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 51.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 323,152 shares of the online travel company’s stock after acquiring an additional 109,686 shares during the period. Jupiter Asset Management Ltd.’s holdings in Expedia Group were worth $54,509,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in Expedia Group during the 1st quarter worth approximately $227,174,000. Los Angeles Capital Management LLC grew its stake in shares of 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 during 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 valued at $235,592,000 after purchasing an additional 917,192 shares during the period. Massachusetts Financial Services Co. MA acquired a new position in Expedia Group during the 1st quarter worth about $82,975,000. Finally, Alkeon Capital Management LLC grew 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 during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 1.0%

Expedia Group stock opened at $265.32 on Wednesday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $270.22. 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 firm’s 50-day simple moving average is $221.63 and its 200 day simple moving average is $194.08. The stock has a market cap of $32.82 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 annualized dividend and a yield of 0.6%. Expedia Group’s payout ratio is currently 15.31%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EXPE shares. Citigroup increased their price target on Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a report on Tuesday. Jefferies Financial Group increased their target price on shares of Expedia Group from $220.00 to $270.00 in a research note on Monday. Wall Street Zen upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Robert W. Baird raised their target price on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Finally, Bank of America raised their price objective on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $262.00.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.13% of the stock is owned by corporate insiders.

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.