Fjarde AP Fonden Fourth Swedish National Pension Fund Has $7.25 Million Stock Position in Expedia Group, Inc. $EXPE

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 59.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 31,384 shares of the online travel company’s stock after acquiring an additional 11,650 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Expedia Group were worth $7,246,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Oliver Luxxe Assets LLC bought a new position in Expedia Group in the fourth quarter valued at $3,164,000. Corient Private Wealth LLC grew its position in shares of Expedia Group by 17.8% in the fourth quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock valued at $17,344,000 after purchasing an additional 9,256 shares during the last quarter. 44 Wealth Management LLC bought a new position in shares of Expedia Group during the third quarter worth approximately $1,358,000. Swiss Life Asset Management Ltd lifted its holdings in Expedia Group by 48.6% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 43,222 shares of the online travel company’s stock worth $9,239,000 after purchasing an additional 14,143 shares during the last quarter. Finally, Monument Capital Management acquired a new stake in Expedia Group during the 4th quarter worth approximately $2,781,000. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

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

Expedia Group Stock Performance

Expedia Group stock opened at $268.69 on Monday. Expedia Group, Inc. has a 12-month low of $171.27 and a 12-month high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The business’s 50-day moving average price is $236.11 and its two-hundred day moving average price is $245.85. The stock has a market cap of $32.93 billion, a PE ratio of 23.65, a P/E/G ratio of 0.71 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.40 earnings per share. As a group, analysts expect that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Analysts Set New Price Targets

EXPE has been the topic of several recent research reports. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. TD Cowen boosted their target price on shares of Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company lowered their price target on shares of Expedia Group from $307.00 to $303.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 30th. Sanford C. Bernstein dropped their price objective on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a research note on Wednesday, March 11th. Finally, Citigroup reissued a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus 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.