Expedia Group, Inc. $EXPE Shares Sold by Aurora Investment Counsel

Aurora Investment Counsel lessened its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 49.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,445 shares of the online travel company’s stock after selling 2,423 shares during the period. Aurora Investment Counsel’s holdings in Expedia Group were worth $565,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EXPE. Norges Bank purchased a new position in Expedia Group in the 4th quarter worth approximately $861,979,000. Wellington Management Group LLP grew its position in shares of Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after purchasing an additional 728,063 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Expedia Group by 594.0% in the fourth quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock valued at $165,405,000 after purchasing an additional 499,706 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Expedia Group by 55.0% in the fourth quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock valued at $364,363,000 after purchasing an additional 456,176 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Down 0.8%

EXPE opened at $268.77 on Friday. Expedia Group, Inc. has a one year low of $174.05 and a one year high of $303.80. The stock has a market capitalization of $32.94 billion, a PE ratio of 23.66, a P/E/G ratio of 0.71 and a beta of 1.23. The business’s 50 day moving average price is $240.27 and its 200 day moving average price is $244.78. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current 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 for the quarter, topping the consensus estimate of $1.41 by $0.55. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.40 earnings per share. As a group, equities research analysts expect that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were issued a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is currently 16.90%.

Wall Street Analysts Forecast Growth

EXPE has been the topic of a number of analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft dropped their target price on Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a report on Monday, May 18th. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Citigroup reiterated a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Finally, BTIG Research reissued a “buy” rating and set a $330.00 price target on shares of Expedia Group in a research report on Tuesday, June 9th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to MarketBeat.com, Expedia Group presently has an average rating of “Hold” and a consensus price target of $288.82.

Insiders Place Their Bets

In related news, CAO Lance A. Soliday sold 940 shares of the firm’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 completion of the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the firm’s 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.20% of the company’s stock.

About Expedia Group

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.