Expedia Group, Inc. $EXPE Position Boosted by Hancock Whitney Corp

Key Points

• Hancock Whitney Corp increased its stake in Expedia Group, Inc. by 3.4% during Q1, now owning 48,751 shares valued at approximately $8.2 million.
• Several institutional investors also raised their holdings significantly, with Nuveen LLC purchasing a stake worth around $227 million and Los Angeles Capital Management LLC increasing its stake by an enormous 3,369.4% during the same period.
• Expedia Group recently declared a quarterly dividend of $0.40, resulting in a yield of 0.8%, with a payout ratio of 19.61%, indicating steady financial management amidst positive earnings growth.

Hancock Whitney Corp raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 3.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,751 shares of the online travel company's stock after buying an additional 1,621 shares during the period. Hancock Whitney Corp's holdings in Expedia Group were worth $8,195,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nuveen LLC purchased a new stake in Expedia Group in the 1st quarter worth about $227,174,000. Los Angeles Capital Management LLC grew its stake in 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 in the last quarter. AQR Capital Management LLC increased its holdings in shares of Expedia Group by 174.0% in 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 purchasing an additional 917,192 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in shares of Expedia Group in the first quarter worth approximately $82,975,000. Finally, Alkeon Capital Management LLC grew its position in Expedia Group by 20.2% during the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company's stock valued at $399,284,000 after purchasing an additional 398,804 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 2,658 shares of Expedia Group 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 of the company's stock, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares of the company's stock, valued at $7,035,015.24. The trade was a 8.14% 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. Insiders own 9.13% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of research reports. Barclays lifted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a research note on Friday, August 8th. BTIG Research set a $250.00 target price on Expedia Group and gave the company a "buy" rating in a research note on Friday, August 8th. Wall Street Zen raised Expedia Group from a "hold" rating to a "buy" rating in a research note on Monday, July 28th. DA Davidson lifted their price target on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Finally, Citigroup boosted their target price on shares of Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $205.63.

Expedia Group Price Performance

NASDAQ EXPE opened at $212.54 on Thursday. The stock has a market capitalization of $26.30 billion, a PE ratio of 26.05, a P/E/G ratio of 1.10 and a beta of 1.57. The stock has a 50-day simple moving average of $191.34 and a 200 day simple moving average of $176.16. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a twelve month low of $126.46 and a twelve month high of $216.60.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping 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 company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the previous year, the business posted $3.51 EPS. The company'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. Research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is currently 19.61%.

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.

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