Elo Mutual Pension Insurance Co Trims Stake in Expedia Group, Inc. $EXPE

Elo Mutual Pension Insurance Co cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,107 shares of the online travel company’s stock after selling 2,490 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Expedia Group were worth $2,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Expedia Group by 0.7% during the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock worth $2,581,530,000 after buying an additional 102,494 shares during the period. Geode Capital Management LLC raised its stake in shares of Expedia Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after acquiring an additional 58,244 shares during the period. Alkeon Capital Management LLC lifted its holdings in shares of Expedia Group by 20.2% in the 1st 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. AQR Capital Management LLC boosted its position 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 worth $235,592,000 after purchasing an additional 917,192 shares during the period. Finally, Nuveen LLC purchased a new position in shares of Expedia Group during the 1st quarter worth approximately $227,174,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Expedia Group in a research note on Tuesday. TD Cowen lifted their target price on Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Wedbush boosted their price target on shares of Expedia Group from $230.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. BTIG Research upped their price objective on Expedia Group from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Bank of America lifted their price target on shares of Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $265.31.

Expedia Group Trading Down 0.2%

Shares of Expedia Group stock opened at $257.62 on Thursday. The firm has a market cap of $31.57 billion, a price-to-earnings ratio of 31.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The company’s 50-day simple moving average is $228.85 and its 200-day simple moving average is $200.81. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $279.61. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the business earned $6.13 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a $0.40 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is currently 15.31%.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was 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 of the company’s stock, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.13% of the stock is currently owned by corporate insiders.

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.