Liontrust Investment Partners LLP Reduces Position in Expedia Group, Inc. $EXPE

Key Points

• Liontrust Investment Partners LLP has reduced its stake in Expedia Group by 1.9%, now holding approximately 118,291 shares valued at $19.89 million.
• Institutional investors own about 90.76% of Expedia Group's stock, with several other large investment firms including Dimensional Fund Advisors and Kovitz Investment Group increasing their positions.
• Expedia's most recent earnings report showed an EPS of $4.24, surpassing analyst expectations and reflecting a year-over-year revenue growth of 6.4%.

Liontrust Investment Partners LLP decreased its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,291 shares of the online travel company's stock after selling 2,323 shares during the quarter. Liontrust Investment Partners LLP owned 0.09% of Expedia Group worth $19,885,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in EXPE. Vanguard Group Inc. lifted its position in shares of Expedia Group by 2.7% in the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company's stock valued at $2,555,424,000 after buying an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC raised its position in shares of Expedia Group by 25.4% in the 4th quarter. Alkeon Capital Management LLC now owns 1,976,472 shares of the online travel company's stock valued at $368,276,000 after buying an additional 400,000 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Expedia Group in the 1st quarter valued at $227,174,000. Northern Trust Corp boosted its stake in shares of Expedia Group by 8.8% in the 4th quarter. Northern Trust Corp now owns 1,275,907 shares of the online travel company's stock valued at $237,740,000 after purchasing an additional 102,949 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Expedia Group by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,194,328 shares of the online travel company's stock valued at $200,766,000 after purchasing an additional 17,659 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EXPE. Wells Fargo & Company reaffirmed a "positive" rating on shares of Expedia Group in a research note on Friday, August 8th. BTIG Research set a $250.00 target price on shares of Expedia Group and gave the stock a "buy" rating in a report on Friday, August 8th. DA Davidson lifted their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Cowen reaffirmed a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Oppenheimer reiterated an "outperform" rating on shares of Expedia Group in a research note on Friday, August 8th. Three 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $205.63.

Expedia Group Stock Up 0.7%

NASDAQ EXPE traded up $1.37 during mid-day trading on Tuesday, reaching $208.04. The stock had a trading volume of 1,454,118 shares, compared to its average volume of 2,115,374. 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 price of $180.54 and a 200 day moving average price of $174.07. Expedia Group, Inc. has a 1 year low of $126.46 and a 1 year high of $213.00. The stock has a market cap of $25.74 billion, a PE 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 announced its 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 net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the business posted $3.51 earnings per share. The firm's quarterly 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. On average, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Insider Buying and Selling at Expedia Group

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