AEGON ASSET MANAGEMENT UK Plc Sells 95,134 Shares of Expedia Group, Inc. $EXPE

AEGON ASSET MANAGEMENT UK Plc lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 60.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,563 shares of the online travel company’s stock after selling 95,134 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in Expedia Group were worth $14,432,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new stake in Expedia Group during the fourth quarter valued at approximately $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $26,000. JFS Wealth Advisors LLC raised its holdings in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of Expedia Group in the 4th quarter worth approximately $29,000. Finally, Rossby Financial LCC lifted its position in shares of Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $240.00 price target on shares of Expedia Group in a research note on Monday, April 27th. Jefferies Financial Group upgraded Expedia Group from a “hold” rating to a “buy” rating and increased their price objective for the stock from $240.00 to $300.00 in a research note on Monday, March 30th. TD Cowen lifted their price objective on Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Mizuho reduced their target price on shares of Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company reduced their target price on shares of Expedia Group from $310.00 to $307.00 and set an “equal weight” rating on the stock in a research note on Friday, May 8th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $284.42.

Expedia Group Price Performance

NASDAQ EXPE opened at $240.90 on Friday. The stock’s 50 day simple moving average is $235.19 and its 200 day simple moving average is $246.66. Expedia Group, Inc. has a one year low of $160.00 and a one year high of $303.80. The firm has a market cap of $29.52 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 0.63 and a beta of 1.25. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

Expedia Group Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.