Expedia Group, Inc. $EXPE Position Boosted by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its stake in Expedia Group by 11.6% during the 1st quarter, now holding shares valued at $2.83 million.
• Insider Robert J. Dzielak sold 2,658 shares of Expedia at an average price of $205.57, which reduced his position by 3.45%.
• Wall Street analysts have mixed ratings on Expedia, with a consensus price target of $205.63 and a rating of "Hold".

Public Sector Pension Investment Board lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 11.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,855 shares of the online travel company's stock after buying an additional 1,747 shares during the period. Public Sector Pension Investment Board's holdings in Expedia Group were worth $2,833,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Minot DeBlois Advisors LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $27,000. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new position in shares of Expedia Group in the first quarter valued at $28,000. Park Square Financial Group LLC purchased a new position in shares of Expedia Group in the first quarter valued at $34,000. Finally, Zions Bancorporation National Association UT acquired a new stake in Expedia Group during the 1st quarter valued at $36,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on EXPE shares. Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Morgan Stanley lifted their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. Cowen reiterated a "hold" rating on shares of Expedia Group in a research note on Friday, August 8th. Piper Sandler raised their price objective on Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a research note on Friday, August 8th. Finally, Oppenheimer restated an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $205.63.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company's stock, valued at $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

Expedia Group Stock Performance

Expedia Group stock traded up $9.46 during mid-day trading on Friday, reaching $214.81. The company's stock had a trading volume of 2,216,478 shares, compared to its average volume of 2,102,833. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a twelve month low of $126.46 and a twelve month high of $216.60. The business has a 50 day moving average price of $183.52 and a 200-day moving average price of $175.12. The firm has a market cap of $26.58 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.10 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 (EPS) for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business 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 annualized dividend and a dividend yield of 0.7%. Expedia Group's dividend payout ratio is 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.