Aberdeen Group plc Purchases 8,439 Shares of Expedia Group, Inc. $EXPE

Key Points

• Aberdeen Group plc increased its stake in Expedia Group, Inc. by 8.8%, purchasing an additional 8,439 shares during the second quarter, bringing their total ownership to 104,549 shares valued at approximately $17.6 million.
• Expedia Group reported a 6.4% year-over-year increase in revenue with $3.79 billion for the quarter, and earnings per share (EPS) of $4.24, exceeding analysts' expectations.
• The company declared a quarterly dividend of $0.40, resulting in an annualized yield of 0.7%, with a payout ratio of 19.61%.

Aberdeen Group plc lifted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 104,549 shares of the online travel company's stock after purchasing an additional 8,439 shares during the quarter. Aberdeen Group plc owned 0.08% of Expedia Group worth $17,635,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Expedia Group by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company's stock worth $2,555,424,000 after acquiring an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC grew its holdings in Expedia Group by 20.2% during 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 grew its holdings in 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 acquiring an additional 917,192 shares during the last quarter. Nuveen LLC bought a new stake in Expedia Group during the 1st quarter worth about $227,174,000. Finally, Northern Trust Corp grew its holdings in Expedia Group by 4.4% during the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company's stock worth $223,822,000 after acquiring an additional 55,575 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $223.12 on Wednesday. The company has a market capitalization of $27.60 billion, a price-to-earnings ratio of 27.34, a P/E/G ratio of 1.13 and a beta of 1.56. The firm's 50 day simple moving average is $213.86 and its 200 day simple moving average is $183.42. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is currently 19.61%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. DA Davidson increased their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Wedbush upped their target price on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Benchmark upped their target price on shares of Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Citigroup upped their target price on shares of Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a research report on Wednesday, August 13th. Finally, Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a research report on Monday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $209.00.

Insider Activity at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 in the last ninety days. Company insiders own 9.13% of the company's stock.

About Expedia Group

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.

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