OMERS ADMINISTRATION Corp Has $2.64 Million Stock Holdings in Expedia Group, Inc. $EXPE

Key Points

• OMERS ADMINISTRATION Corp increased its stock holdings in Expedia Group, Inc. by 15.8%, owning 15,678 shares worth approximately $2.6 million at the end of the recent quarter.
• Insider trading activities included significant sales, with Robert J. Dzielak selling 3,306 shares and Craig A. Jacobson selling 3,000 shares, reflecting a decrease in their ownership percentages.
• Research analysts have revised their price targets for Expedia Group, with Barclays setting it at $197 and Benchmark increasing it to $265, indicating a positive outlook for the stock.

OMERS ADMINISTRATION Corp raised its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 15.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 15,678 shares of the online travel company's stock after acquiring an additional 2,137 shares during the period. OMERS ADMINISTRATION Corp's holdings in Expedia Group were worth $2,635,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. 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 worth $2,555,424,000 after purchasing an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC lifted its position in Expedia Group by 25.4% during the 4th quarter. Alkeon Capital Management LLC now owns 1,976,472 shares of the online travel company's stock worth $368,276,000 after buying an additional 400,000 shares in the last quarter. Nuveen LLC bought a new stake in Expedia Group during the 1st quarter worth about $227,174,000. Northern Trust Corp boosted its stake in shares of Expedia Group by 4.4% during the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company's stock worth $223,822,000 after buying an additional 55,575 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Expedia Group by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,194,328 shares of the online travel company's stock valued at $200,766,000 after acquiring an additional 17,659 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Robert J. Dzielak sold 2,658 shares of the company'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 transaction, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by company insiders.

Expedia Group Stock Performance

EXPE traded down $0.36 on Wednesday, reaching $211.76. The company had a trading volume of 710,597 shares, compared to its average volume of 2,075,354. The stock has a market cap of $26.20 billion, a P/E ratio of 25.94, a P/E/G ratio of 1.10 and a beta of 1.57. 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, Inc. has a fifty-two week low of $126.46 and a fifty-two week high of $216.60. The company's fifty day moving average is $190.41 and its 200 day moving average is $175.90.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wedbush upped their target price on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Truist Financial dropped their price objective on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research note on Tuesday, June 24th. B. Riley increased their price objective on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 8th. BTIG Research set a $250.00 target price on shares of Expedia Group and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Expedia Group has a consensus rating of "Hold" and a consensus target price of $205.63.

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.