Mirae Asset Global Investments Co. Ltd. Purchases 1,162 Shares of Expedia Group, Inc. $EXPE

Key Points

• Mirae Asset Global Investments Co. Ltd. increased its stake in Expedia Group, Inc. by 7.9%, acquiring an additional 1,162 shares to hold 15,803 shares valued at approximately $2.66 million.
• Expedia Group's stock recently reported a 3.4% decline, with a market capitalization of $26.74 billion and a fifty-two week high of $240.98.
• The company announced a quarterly dividend of $0.40, creating an annualized yield of 0.7%, with a dividend payout ratio of 19.61%.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 7.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,803 shares of the online travel company's stock after acquiring an additional 1,162 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Expedia Group were worth $2,666,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of EXPE. McClarren Financial Advisors Inc. bought a new stake in Expedia Group during the first quarter valued at $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. Park Square Financial Group LLC acquired a new stake in shares of Expedia Group during the 1st quarter worth approximately $34,000. Zions Bancorporation National Association UT acquired a new stake in shares of Expedia Group during the 1st quarter worth approximately $36,000. Finally, First Pacific Financial grew its position in shares of Expedia Group by 60.0% during the 2nd quarter. First Pacific Financial now owns 240 shares of the online travel company's stock worth $40,000 after buying an additional 90 shares during the period. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Down 3.4%

Expedia Group stock opened at $216.16 on Wednesday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The stock has a market cap of $26.74 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.17 and a beta of 1.56. The firm's 50-day simple moving average is $210.39 and its 200 day simple moving average is $181.95. 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 (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping 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 business had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same period in the previous year, the company earned $3.51 earnings per share. The firm's revenue for the quarter 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 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was 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 in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares of the company's stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 in the last quarter. 9.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on EXPE. BTIG Research reaffirmed a "buy" rating and set a $250.00 price objective on shares of Expedia Group in a research report on Tuesday, September 9th. Royal Bank Of Canada boosted their target price on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a research report on Friday, August 8th. Benchmark boosted their target price on Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Bank of America boosted their target price on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Cantor Fitzgerald restated a "neutral" rating and set a $200.00 price objective on shares of Expedia Group in a report on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $209.00.

Expedia Group Company 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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