Fifth Third Bancorp Has $1.08 Million Stock Position in Expedia Group, Inc. $EXPE

Fifth Third Bancorp lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 6.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,413 shares of the online travel company’s stock after buying an additional 404 shares during the period. Fifth Third Bancorp’s holdings in Expedia Group were worth $1,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Vanguard Group Inc. lifted its holdings in shares of Expedia Group by 2.7% during the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after acquiring an additional 394,147 shares during the period. Alkeon Capital Management LLC grew its holdings in shares of Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock worth $399,284,000 after purchasing an additional 398,804 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after purchasing an additional 917,192 shares in the last quarter. Nuveen LLC bought a new position in Expedia Group during the 1st quarter valued at about $227,174,000. Finally, Northern Trust Corp boosted its position in Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock valued at $223,822,000 after buying an additional 55,575 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the 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 transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the transaction, the insider owned 74,417 shares in the company, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. Insiders own 9.13% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company reaffirmed a “positive” rating on shares of Expedia Group in a report on Friday, August 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a research note on Monday, July 28th. Cowen restated a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Royal Bank Of Canada lifted their price target on Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $207.77.

Expedia Group Price Performance

Expedia Group stock opened at $222.87 on Monday. The business’s 50-day simple moving average is $206.11 and its 200 day simple moving average is $179.61. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market cap of $27.57 billion, a price-to-earnings ratio of 27.31, a P/E/G ratio of 1.17 and a beta of 1.57. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $229.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share 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 return on equity of 56.25% and a net margin of 7.94%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 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.