United Services Automobile Association Acquires Shares of 2,815 Expedia Group, Inc. $EXPE

Key Points

• United Services Automobile Association acquired 2,815 shares of Expedia Group during the 1st quarter, valued at approximately $473,000.
• Analysts have revised Expedia Group's price targets, with Barclays setting it to $197.00 and UBS Group raising it to $209.00, while maintaining a consensus rating of "Hold."
• Expedia Group announced a quarterly dividend of $0.40 per share, with an ex-dividend date of August 28th, representing an annualized yield of 0.7%.

United Services Automobile Association acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 2,815 shares of the online travel company's stock, valued at approximately $473,000.

Several other large investors have also bought and sold shares of the company. Caxton Associates LLP bought a new stake in Expedia Group during the 1st quarter valued at approximately $567,000. Ashton Thomas Private Wealth LLC boosted its position in Expedia Group by 26.6% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 4,607 shares of the online travel company's stock valued at $774,000 after acquiring an additional 968 shares in the last quarter. Kestra Investment Management LLC boosted its position in Expedia Group by 79.0% during the 1st quarter. Kestra Investment Management LLC now owns 6,093 shares of the online travel company's stock valued at $1,024,000 after acquiring an additional 2,690 shares in the last quarter. Stance Capital LLC bought a new stake in Expedia Group during the 1st quarter valued at approximately $3,441,000. Finally, UniSuper Management Pty Ltd boosted its position in Expedia Group by 8.9% during the 1st quarter. UniSuper Management Pty Ltd now owns 14,982 shares of the online travel company's stock valued at $2,518,000 after acquiring an additional 1,230 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Barclays lifted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Truist Financial dropped their price target on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. BTIG Research reissued a "buy" rating and issued a $250.00 price target on shares of Expedia Group in a research report on Tuesday. Citigroup boosted their price target on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Finally, UBS Group boosted their price target on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" 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 issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and an average price target of $205.63.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $215.49 on Thursday. Expedia Group, Inc. has a twelve month low of $126.46 and a twelve month high of $219.10. The firm has a market cap of $26.66 billion, a P/E ratio of 26.41, a PEG ratio of 1.14 and a beta of 1.57. The company has a 50 day moving average of $195.95 and a 200 day moving average of $176.62. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping 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 company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the business earned $3.51 EPS. The firm'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. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's payout ratio is presently 19.61%.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 3,306 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the transaction, the insider directly owned 77,075 shares in the company, valued at $15,479,743. The trade was a 4.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the transaction, 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 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 three months. Insiders own 9.13% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.