Oregon Public Employees Retirement Fund Grows Stock Holdings in Expedia Group, Inc. $EXPE

Oregon Public Employees Retirement Fund grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 27.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,463 shares of the online travel company’s stock after buying an additional 2,923 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Expedia Group were worth $2,878,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of EXPE. OMNI 360 Wealth Inc. acquired a new position in Expedia Group in the 2nd quarter valued at about $325,000. Leith Wheeler Investment Counsel Ltd. boosted its stake in shares of Expedia Group by 2.6% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after purchasing an additional 2,767 shares during the period. Railway Pension Investments Ltd boosted its stake in shares of Expedia Group by 19.6% in the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock valued at $24,624,000 after purchasing an additional 18,900 shares during the period. Vise Technologies Inc. acquired a new position in shares of Expedia Group in the second quarter valued at approximately $2,351,000. Finally, Brighton Jones LLC increased its stake in Expedia Group by 44.1% during the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock worth $3,486,000 after buying an additional 4,988 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on EXPE. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Deutsche Bank Aktiengesellschaft lifted their target price on Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a report on Friday, November 7th. Cantor Fitzgerald boosted their target price on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Benchmark increased their price target on Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, DA Davidson reiterated a “neutral” rating and issued a $294.00 price objective on shares of Expedia Group in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $278.68.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the sale, the director directly owned 30,858 shares of the company’s stock, valued at $8,379,489.90. The trade was a 8.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares of the company’s stock, valued at $752,328. This represents a 25.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,849 shares of company stock worth $1,283,270 in the last ninety days. 9.13% of the stock is owned by corporate insiders.

Expedia Group Trading Down 1.7%

NASDAQ:EXPE opened at $296.33 on Monday. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80. The stock has a market cap of $36.31 billion, a P/E ratio of 28.36, a P/E/G ratio of 1.07 and a beta of 1.43. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a 50-day simple moving average of $267.43 and a 200-day simple moving average of $226.44.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.13 earnings per share. As a group, analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

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.