Railway Pension Investments Ltd Boosts Position in Expedia Group, Inc. $EXPE

Railway Pension Investments Ltd raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 19.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,200 shares of the online travel company’s stock after buying an additional 18,900 shares during the period. Railway Pension Investments Ltd owned about 0.09% of Expedia Group worth $24,624,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Spire Wealth Management lifted its holdings in shares of Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. GFG Capital LLC purchased a new position in Expedia Group in the second quarter valued at about $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group during the second quarter worth about $31,000. SOA Wealth Advisors LLC. purchased a new stake in shares of Expedia Group in the third quarter worth about $36,000. Finally, Armstrong Advisory Group Inc. grew its stake in shares of Expedia Group by 212.7% in the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after buying an additional 117 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Performance

Shares of EXPE opened at $282.94 on Monday. The company has a 50-day moving average of $259.96 and a two-hundred day moving average of $221.84. The stock has a market cap of $34.67 billion, a price-to-earnings ratio of 27.08, a PEG ratio of 1.02 and a beta of 1.43. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $292.42.

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, topping analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter last year, the business posted $6.13 EPS. The company’s revenue was up 8.7% on a year-over-year basis. On average, equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Wall Street Analysts Forecast Growth

EXPE has been the topic of several research analyst reports. Piper Sandler upgraded Expedia Group from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $190.00 to $250.00 in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft increased their price target on Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a research note on Friday, November 7th. JPMorgan Chase & Co. boosted their price objective on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. BNP Paribas Exane assumed coverage on Expedia Group in a research note on Monday, November 24th. They set a “neutral” rating for the company. Finally, Truist Financial set a $210.00 price target on shares of Expedia Group in a research report on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $271.91.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director owned 30,858 shares of the company’s stock, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,849 shares of company stock valued at $1,283,270 over the last three months. 9.13% of the stock is owned by corporate insiders.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.