UniSuper Management Pty Ltd Increases Holdings in Expedia Group, Inc. $EXPE

Key Points

• UniSuper Management Pty Ltd increased its stake in Expedia Group by 8.9% during the first quarter, acquiring an additional 1,230 shares to reach a total of 14,982 shares valued at $2.52 million.
• Expedia recently reported quarterly earnings of $4.24 EPS, exceeding expectations, with revenue of $3.79 billion, reflecting a 6.4% increase from the previous year.
• The company announced a quarterly dividend of $0.40 per share, resulting in an annualized yield of 0.7%, with an upcoming ex-dividend date on August 28th.

UniSuper Management Pty Ltd boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,982 shares of the online travel company's stock after buying an additional 1,230 shares during the quarter. UniSuper Management Pty Ltd's holdings in Expedia Group were worth $2,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of EXPE. Nuveen LLC purchased a new stake in Expedia Group in the first quarter worth $227,174,000. Los Angeles Capital Management LLC increased its position in Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company's stock worth $172,995,000 after buying an additional 999,454 shares during the last quarter. AQR Capital Management LLC increased its position in Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company's stock worth $235,592,000 after buying an additional 917,192 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in Expedia Group in the first quarter worth $82,975,000. Finally, Alkeon Capital Management LLC increased its position in Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company's stock worth $399,284,000 after buying an additional 398,804 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction dated 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 directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,816 shares of company stock valued at $2,009,132. Insiders own 9.13% of the company's stock.

Expedia Group Price Performance

EXPE stock traded up $0.83 during mid-day trading on Friday, hitting $222.19. 970,088 shares of the stock were exchanged, compared to its average volume of 1,311,234. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a fifty day moving average price of $197.76 and a 200 day moving average price of $176.92. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $223.22. The stock has a market capitalization 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 (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the previous year, the company posted $3.51 EPS. Expedia Group's revenue for the quarter was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current 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 paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's payout ratio is 19.61%.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of recent research reports. Susquehanna raised their target price on Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. Barclays lifted their price target on Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a research report on Friday, August 8th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. Oppenheimer reiterated an "outperform" rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, Wall Street Zen upgraded Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $205.63.

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.