Quantitative Investment Management LLC Purchases New Position in Expedia Group, Inc. $EXPE

Key Points

• Quantitative Investment Management LLC invested approximately $1.56 million in Expedia Group, purchasing 9,273 shares of the online travel company's stock in the first quarter.
• Expedia Group reported strong quarterly earnings of $4.24 earnings per share (EPS), surpassing estimates and showing a 6.4% year-over-year revenue increase.
• The company announced a quarterly dividend of $0.40 per share, with a payout ratio of 19.61%, reflecting a commitment to returning value to shareholders.

Quantitative Investment Management LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 9,273 shares of the online travel company's stock, valued at approximately $1,558,000.

A number of other large investors also recently bought and sold shares of EXPE. Brighton Jones LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at approximately $408,000. Stifel Financial Corp lifted its position in shares of Expedia Group by 4.0% during the 4th quarter. Stifel Financial Corp now owns 20,332 shares of the online travel company's stock valued at $3,788,000 after acquiring an additional 779 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Expedia Group by 192.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,733 shares of the online travel company's stock valued at $1,255,000 after acquiring an additional 4,428 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at approximately $12,747,000. Finally, Quarry LP acquired a new stake in shares of Expedia Group during the 4th quarter valued at approximately $490,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of research reports. Piper Sandler lifted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a research report on Friday, August 8th. Wall Street Zen upgraded Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. BTIG Research set a $250.00 price objective on Expedia Group and gave the stock a "buy" rating in a research report on Friday, August 8th. Wedbush lifted their price objective on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Finally, Bank of America lifted their price objective on Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $205.63.

Expedia Group Trading Up 1.2%

EXPE stock traded up $2.50 during midday trading on Thursday, hitting $214.71. The stock had a trading volume of 1,419,945 shares, compared to its average volume of 2,094,687. The firm has a market cap of $26.56 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 1.09 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, Inc. has a 12-month low of $126.46 and a 12-month high of $216.60. The company's 50-day moving average price is $186.53 and its 200 day moving average price is $175.74.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research 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 disclosed 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's dividend payout ratio is presently 19.61%.

Insider Transactions at Expedia Group

In other 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 transaction of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 2,658 shares of the company's 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 owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 in the last ninety days. 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.