Gulf International Bank UK Ltd Sells 3,903 Shares of Expedia Group, Inc. $EXPE

Key Points

• Gulf International Bank UK Ltd reduced its holdings in Expedia Group, Inc. by 35.1%, now owning 7,216 shares valued at $1.21 million.
• Numerous institutional investors have adjusted their stakes in Expedia, with Nuveen LLC purchasing a new stake worth approximately $227 million.
• Expedia Group recently reported earnings of $4.24 per share, exceeding expectations, along with a quarterly dividend of $0.40 per share.

Gulf International Bank UK Ltd reduced its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 35.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,216 shares of the online travel company's stock after selling 3,903 shares during the quarter. Gulf International Bank UK Ltd's holdings in Expedia Group were worth $1,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Minot DeBlois Advisors LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $27,000. McClarren Financial Advisors Inc. bought a new stake in Expedia Group in the 1st quarter valued at $28,000. Atlas Capital Advisors Inc. bought a new stake in Expedia Group in the 1st quarter valued at $28,000. Park Square Financial Group LLC bought a new stake in Expedia Group in the 1st quarter valued at $34,000. Finally, Optiver Holding B.V. bought a new stake in Expedia Group in the 4th quarter valued at $38,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the 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 completion of the sale, the insider directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 9.13% of the company's stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several recent research reports. Citigroup boosted their price target on Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a research note on Wednesday, August 13th. Royal Bank Of Canada lifted their price objective on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Bank of America lifted their price objective on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wedbush boosted their price target on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Finally, Wells Fargo & Company reissued a "positive" rating on shares of Expedia Group in a report on Friday, August 8th. Three 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 issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $205.63.

Expedia Group Trading Up 0.7%

Shares of Expedia Group stock traded up $1.37 on Tuesday, hitting $208.04. 1,726,019 shares of the company's stock traded hands, compared to its average volume of 2,118,797. Expedia Group, Inc. has a one year low of $126.46 and a one year high of $213.00. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The company has a fifty day moving average of $180.54 and a two-hundred day moving average of $174.07. The company has a market capitalization of $25.74 billion, a price-to-earnings ratio of 25.50, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the prior year, the business earned $3.51 EPS. The firm'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. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

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.