Expedia Group, Inc. $EXPE Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 9.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,136 shares of the online travel company’s stock after purchasing an additional 1,924 shares during the period. IFM Investors Pty Ltd’s holdings in Expedia Group were worth $5,342,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Oliver Luxxe Assets LLC acquired a new stake in Expedia Group in the 4th quarter valued at about $3,164,000. Corient Private Wealth LLC grew its position in shares of Expedia Group by 17.8% during the fourth quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock worth $17,344,000 after buying an additional 9,256 shares in the last quarter. 44 Wealth Management LLC acquired a new position in shares of Expedia Group during the third quarter worth about $1,358,000. Swiss Life Asset Management Ltd increased its stake in shares of Expedia Group by 48.6% during the third quarter. Swiss Life Asset Management Ltd now owns 43,222 shares of the online travel company’s stock worth $9,239,000 after buying an additional 14,143 shares during the period. Finally, Monument Capital Management purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $2,781,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group Price Performance

Shares of EXPE opened at $268.69 on Friday. 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, Inc. has a 1-year low of $171.27 and a 1-year high of $303.80. The stock has a market cap of $32.93 billion, a PE ratio of 23.65, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. The firm has a fifty day moving average price of $236.11 and a 200 day moving average price of $246.11.

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, topping the consensus estimate of $1.41 by $0.55. The company had revenue of $3.43 billion for 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 business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 earnings per share. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders 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 yield of 0.7%. Expedia Group’s payout ratio is currently 16.90%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Cantor Fitzgerald restated a “neutral” rating and issued a $240.00 price objective on shares of Expedia Group in a report on Monday, April 27th. Barclays lifted their price objective on shares of Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Citic Securities dropped their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Finally, Morgan Stanley raised their price target on Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $284.30.

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.