Teacher Retirement System of Texas Lowers Holdings in Expedia Group, Inc. $EXPE

Teacher Retirement System of Texas lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 24.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 172,138 shares of the online travel company’s stock after selling 54,807 shares during the quarter. Teacher Retirement System of Texas’ holdings in Expedia Group were worth $29,036,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Expedia Group during the 1st quarter valued at about $227,174,000. Los Angeles Capital Management LLC grew its stake in shares of Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after acquiring an additional 999,454 shares during the period. AQR Capital Management LLC grew its stake 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 valued at $235,592,000 after acquiring an additional 917,192 shares during the period. Massachusetts Financial Services Co. MA bought a new position in Expedia Group in the 1st quarter worth approximately $82,975,000. Finally, Alkeon Capital Management LLC boosted its stake in 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 purchasing an additional 398,804 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 1.7%

Shares of EXPE stock opened at $222.50 on Tuesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market cap of $27.53 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 1.14 and a beta of 1.56. The stock has a 50 day simple moving average of $217.46 and a 200-day simple moving average of $187.78. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is currently 19.61%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the sale, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EXPE shares. Oppenheimer restated an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. Royal Bank Of Canada upped their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Morgan Stanley upped their price objective on Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday, July 21st. Truist Financial set a $210.00 price target on Expedia Group in a report on Monday. Finally, Cowen reiterated a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $214.29.

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.