Partners Capital Investment Group LLP Buys Shares of 25,348 Expedia Group, Inc. $EXPE

Key Points

• Partners Capital Investment Group LLP purchased 25,348 shares of Expedia Group, Inc. for approximately $4.26 million during the first quarter, indicating significant institutional interest in the company.
• Expedia's latest earnings report showed an EPS of $4.24, surpassing estimates, with revenue reaching $3.79 billion, which is a 6.4% increase year-over-year.
• The company announced a quarterly dividend of $0.40, representing an annualized dividend of $1.60 and a yield of 0.8%, with a payout ratio of 19.61%.

Partners Capital Investment Group LLP purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 25,348 shares of the online travel company's stock, valued at approximately $4,261,000.

Several other institutional investors and hedge funds have also modified their holdings of EXPE. Nuveen LLC acquired a new position in Expedia Group during the first quarter worth about $227,174,000. Los Angeles Capital Management LLC grew its holdings in shares of Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company's stock valued at $172,995,000 after purchasing an additional 999,454 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of Expedia Group during the 1st quarter valued at approximately $82,975,000. Bamco Inc. NY bought a new position in Expedia Group in the 4th quarter valued at approximately $80,206,000. Finally, Alkeon Capital Management LLC lifted its stake in 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 purchasing an additional 400,000 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction on 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.13% of the company's stock.

Expedia Group Price Performance

Expedia Group stock opened at $205.68 on Thursday. The stock's 50 day moving average is $181.87 and its 200 day moving average is $174.52. Expedia Group, Inc. has a one year low of $126.46 and a one year high of $213.00. The firm has a market cap of $25.45 billion, a P/E ratio of 25.21, a P/E/G ratio of 1.03 and a beta of 1.61. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the firm posted $3.51 earnings per share. The business'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. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. BTIG Research set a $250.00 target price on shares of Expedia Group and gave the stock a "buy" rating in a research note on Friday, August 8th. Barclays boosted their price objective on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Wedbush increased their target price on Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Bank of America lifted their price target on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Truist Financial reduced their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a report on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average 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.

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