UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Cuts Holdings in Expedia Group, Inc. $EXPE

Key Points

• UBS Asset Management cut its holdings in Expedia Group by 8.6%, now owning approximately 0.60% of the company worth $129 million.
• Several institutional investors, including McClarren Financial Advisors and Atlas Capital Advisors, have recently initiated stakes in Expedia, while insider Robert J. Dzielak sold shares valued at about $546,405.
• Expedia reported earnings of $4.24 per share for the most recent quarter, surpassing estimates, with a revenue increase of 6.4% year-over-year.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 767,776 shares of the online travel company's stock after selling 71,830 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.60% of Expedia Group worth $129,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EXPE. McClarren Financial Advisors Inc. purchased a new stake in Expedia Group in the 1st quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new stake in Expedia Group in the 1st quarter worth $28,000. Park Square Financial Group LLC purchased a new stake in Expedia Group in the 1st quarter worth $34,000. Zions Bancorporation National Association UT purchased a new stake in Expedia Group in the 1st quarter worth $36,000. Finally, Larson Financial Group LLC increased its holdings in Expedia Group by 2,175.0% in the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock worth $46,000 after acquiring an additional 261 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EXPE shares. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Cowen reaffirmed a "hold" rating on shares of Expedia Group in a research note on Friday, August 8th. Piper Sandler lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research note on Friday, August 8th. Barclays lifted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. Finally, Royal Bank Of Canada lifted their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Friday, August 8th. Three 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 company. According to MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $205.63.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the business'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 sale, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. This trade represents a 6.61% 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. Company insiders own 9.13% of the company's stock.

Expedia Group Trading Up 0.4%

Shares of EXPE stock opened at $222.19 on Friday. The company's 50-day moving average price is $197.76 and its 200-day moving average price is $176.92. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market cap of $27.49 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 1.16 and a beta of 1.57. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $223.22.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion for 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%. The company's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's payout ratio is 19.61%.

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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