Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stake in Expedia Group, Inc. $EXPE

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 15.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,634 shares of the online travel company’s stock after acquiring an additional 2,780 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Expedia Group were worth $4,411,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC purchased a new position in Expedia Group in the fourth quarter valued at about $408,000. NewEdge Advisors LLC raised its position in shares of Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after purchasing an additional 259 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Expedia Group by 10.7% during the 2nd quarter. Parallel Advisors LLC now owns 1,700 shares of the online travel company’s stock valued at $287,000 after buying an additional 165 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Expedia Group during the second quarter worth approximately $596,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Expedia Group by 2.7% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,268 shares of the online travel company’s stock worth $2,744,000 after buying an additional 430 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Wedbush increased their price objective on shares of Expedia Group from $250.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Weiss Ratings restated a “buy (b-)” rating on shares of Expedia Group in a research note on Monday, December 29th. DA Davidson reiterated a “neutral” rating and issued a $294.00 price target on shares of Expedia Group in a research note on Thursday, December 11th. TD Cowen upped their price objective on Expedia Group from $220.00 to $256.00 in a research note on Friday, November 7th. Finally, Royal Bank Of Canada increased their target price on Expedia Group from $260.00 to $290.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $288.32.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $285.11 on Monday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. The firm’s 50-day moving average price is $274.27 and its two-hundred day moving average price is $230.74. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $303.80. The stock has a market capitalization of $34.93 billion, a P/E ratio of 27.28, a P/E/G ratio of 1.03 and a beta of 1.43.

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

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th were 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 was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is presently 15.31%.

Insider Activity

In other news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director owned 30,858 shares in the company, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This trade represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is currently owned by company insiders.

Expedia Group Company Profile

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.