Expedia Group, Inc. $EXPE Shares Bought by Prudential Financial Inc.

Prudential Financial Inc. grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 17.6% during the second quarter, HoldingsChannel reports. The firm owned 323,503 shares of the online travel company’s stock after purchasing an additional 48,465 shares during the quarter. Prudential Financial Inc.’s holdings in Expedia Group were worth $54,568,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in EXPE. Nuveen LLC acquired a new position in Expedia Group in the first quarter valued at $227,174,000. AQR Capital Management LLC increased its stake in shares of 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 valued at $235,592,000 after acquiring an additional 917,192 shares during the last quarter. LSV Asset Management lifted its holdings in shares of Expedia Group by 497.0% during the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after acquiring an additional 725,797 shares during the period. Alkeon Capital Management LLC boosted its position in shares of 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 acquiring an additional 398,804 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Expedia Group by 2.7% in 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 acquiring an additional 394,147 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 0.7%

NASDAQ:EXPE opened at $249.14 on Tuesday. The business’s 50-day moving average is $227.53 and its two-hundred day moving average is $199.70. The firm has a market capitalization of $30.53 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $279.61. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.13 earnings per share. 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 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company 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 dividend payout ratio (DPR) is 15.31%.

Analysts Set New Price Targets

Several equities analysts recently commented on EXPE shares. Rothschild & Co Redburn upped their price target on shares of Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Expedia Group in a research report on Wednesday, November 19th. BMO Capital Markets lifted their target price on Expedia Group from $205.00 to $250.00 in a report on Friday, November 7th. Cowen restated a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Finally, Evercore ISI raised their price objective on Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $265.31.

Insider Buying and Selling

In other news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 9.13% of the company’s stock.

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.