Expedia Group, Inc. $EXPE Shares Purchased by AEGON ASSET MANAGEMENT UK Plc

Key Points

• AEGON ASSET MANAGEMENT UK Plc increased its stake in Expedia Group by 160.1% during the second quarter, acquiring an additional 109,719 shares, bringing its total ownership to approximately $30 million.
• Expedia Group reported a quarterly EPS of $4.24, which surpassed analyst expectations by $0.11, contributing to a revenue of $3.79 billion, marking a 6.4% year-over-year increase.
• The company announced a quarterly dividend of $0.40 per share, which translates to an annualized dividend yield of 0.7% and indicates a dividend payout ratio of 19.61%.

AEGON ASSET MANAGEMENT UK Plc raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 160.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 178,235 shares of the online travel company's stock after buying an additional 109,719 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc owned about 0.14% of Expedia Group worth $30,052,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Bayforest Capital Ltd lifted its stake in shares of Expedia Group by 3,829.6% during the 2nd quarter. Bayforest Capital Ltd now owns 2,122 shares of the online travel company's stock worth $358,000 after purchasing an additional 2,068 shares during the period. Sagespring Wealth Partners LLC purchased a new position in shares of Expedia Group during the 2nd quarter worth $204,000. RFG Advisory LLC lifted its stake in shares of Expedia Group by 57.7% during the 2nd quarter. RFG Advisory LLC now owns 2,045 shares of the online travel company's stock worth $345,000 after purchasing an additional 748 shares during the period. NorthRock Partners LLC purchased a new position in shares of Expedia Group during the 2nd quarter worth $440,000. Finally, Verdence Capital Advisors LLC lifted its stake in shares of Expedia Group by 76.6% during the 2nd quarter. Verdence Capital Advisors LLC now owns 7,710 shares of the online travel company's stock worth $1,300,000 after purchasing an additional 3,344 shares during the period. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Trading Up 3.5%

NASDAQ:EXPE opened at $223.12 on Wednesday. The business's 50-day moving average is $213.86 and its two-hundred day 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 12 month low of $130.01 and a 12 month high of $240.98. The firm has a market capitalization of $27.60 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.13 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 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 company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same period last year, the company posted $3.51 earnings per share. The firm's revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the firm's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction dated 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 directly owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents 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 valued at $2,009,132 over the last three months. 9.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on EXPE shares. Susquehanna increased their price target on Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a research note on Monday, August 11th. Morgan Stanley increased their price target on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Monday, July 21st. Wells Fargo & Company increased their target price on Expedia Group from $211.00 to $212.00 and gave the stock an "equal weight" rating in a research report on Monday, October 6th. Mizuho began coverage on Expedia Group in a research report on Tuesday, September 30th. They issued a "neutral" rating and a $240.00 target price on the stock. Finally, Bank of America increased their target price on Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of "Hold" and an average price target of $209.00.

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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