Banco Bilbao Vizcaya Argentaria S.A. Boosts Stake in Expedia Group, Inc. $EXPE

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Expedia Group, lifting holdings by 4.5% to a total of 29,235 shares worth approximately $4.91 million.
• Expedia Group reported a quarterly EPS of $4.24, outperforming the consensus estimate, with a revenue of $3.79 billion, reflecting a 6.4% year-over-year increase.
• The company announced a quarterly dividend of $0.40, with an annualized yield of 0.8%, set to be paid on September 18th.

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,235 shares of the online travel company's stock after purchasing an additional 1,268 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Expedia Group were worth $4,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of EXPE. Brighton Jones LLC purchased a new position in shares of Expedia Group in the fourth quarter worth $408,000. Jump Financial LLC raised its stake in shares of Expedia Group by 45.5% in the fourth quarter. Jump Financial LLC now owns 2,811 shares of the online travel company's stock worth $524,000 after purchasing an additional 879 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Expedia Group by 24.6% in the fourth quarter. NewEdge Advisors LLC now owns 5,196 shares of the online travel company's stock worth $968,000 after purchasing an additional 1,025 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Expedia Group in the fourth quarter worth $1,621,000. Finally, GeoWealth Management LLC raised its stake in shares of Expedia Group by 455.7% in the fourth quarter. GeoWealth Management LLC now owns 1,606 shares of the online travel company's stock worth $299,000 after purchasing an additional 1,317 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $205.68 on Thursday. The stock has a 50-day simple moving average of $181.87 and a two-hundred day simple moving average of $174.52. Expedia Group, Inc. has a 52-week low of $126.46 and a 52-week high of $213.00. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $25.45 billion, a PE ratio of 25.21, a P/E/G ratio of 1.03 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the previous year, the company posted $3.51 earnings per share. Expedia Group's revenue for the quarter was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 28th. Expedia Group's payout ratio is presently 19.61%.

Analyst Ratings Changes

Several brokerages recently commented on EXPE. Truist Financial cut their price objective on Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a report on Tuesday, June 24th. Benchmark lifted their price objective on Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 8th. UBS Group lifted their price objective on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Wells Fargo & Company reaffirmed a "positive" rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Cowen reaffirmed a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has issued 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 $205.63.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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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