Achmea Investment Management B.V. Acquires 20,728 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Achmea Investment Management B.V. boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 34.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 81,532 shares of the online travel company's stock after acquiring an additional 20,728 shares during the quarter. Achmea Investment Management B.V. owned approximately 0.06% of Expedia Group worth $13,706,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Praxis Investment Management Inc. increased its holdings in shares of Expedia Group by 63.5% during the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock valued at $775,000 after acquiring an additional 1,790 shares during the last quarter. Clare Market Investments LLC bought a new position in Expedia Group in the 4th quarter worth $319,000. State of Alaska Department of Revenue raised its holdings in Expedia Group by 3.2% in the 1st quarter. State of Alaska Department of Revenue now owns 14,451 shares of the online travel company's stock worth $2,429,000 after acquiring an additional 445 shares during the period. Jones Financial Companies Lllp raised its holdings in Expedia Group by 53.4% in the 4th quarter. Jones Financial Companies Lllp now owns 4,870 shares of the online travel company's stock worth $907,000 after acquiring an additional 1,696 shares during the period. Finally, Groupama Asset Managment bought a new position in Expedia Group in the 4th quarter worth $1,308,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

Shares of Expedia Group stock traded up $3.96 during midday trading on Friday, hitting $170.76. 1,866,135 shares of the company were exchanged, compared to its average volume of 1,903,842. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market cap of $21.71 billion, a P/E ratio of 20.14, a PEG ratio of 0.80 and a beta of 1.59. Expedia Group, Inc. has a 52 week low of $110.20 and a 52 week high of $207.73. The firm has a 50 day simple moving average of $164.74 and a 200-day simple moving average of $173.28.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter last year, the business earned $0.21 EPS. Expedia Group's quarterly revenue was up 3.4% compared to the same quarter last year. Research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 0.94%. Expedia Group's payout ratio is 18.87%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Morgan Stanley decreased their target price on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Benchmark lowered their price objective on shares of Expedia Group from $225.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Wells Fargo & Company raised their price objective on shares of Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Susquehanna lowered their price objective on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating on the stock in a research note on Monday, May 12th. Finally, Truist Financial lowered their price objective on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $186.08.

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.