Acadian Asset Management LLC Has $42.74 Million Position in Expedia Group, Inc. $EXPE

Acadian Asset Management LLC reduced its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 62.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 253,450 shares of the online travel company’s stock after selling 413,963 shares during the quarter. Acadian Asset Management LLC owned about 0.20% of Expedia Group worth $42,742,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

Several brokerages have weighed in on EXPE. HSBC lifted their price objective on shares of Expedia Group from $232.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday. Piper Sandler upgraded shares of Expedia Group from an “underweight” rating to a “neutral” rating and upped their price target for the company from $190.00 to $250.00 in a research report on Friday. UBS Group boosted their price target on shares of Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Evercore ISI lifted their price objective on shares of Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday. Finally, BMO Capital Markets boosted their price objective on Expedia Group from $205.00 to $250.00 in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $253.00.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $258.25 on Monday. The firm’s 50-day moving average price is $219.50 and its 200-day moving average price is $192.58. The company has a market cap of $31.95 billion, a PE ratio of 31.65, a PEG ratio of 1.15 and a beta of 1.58. 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, Inc. has a 52-week low of $130.01 and a 52-week high of $264.20.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the prior year, the business earned $6.13 earnings per share. Expedia Group’s revenue for the quarter was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the transaction, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the company’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 value of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by corporate insiders.

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.