Expedia Group, Inc. $EXPE Shares Purchased by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,888 shares of the online travel company’s stock after purchasing an additional 14,653 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned about 0.16% of Expedia Group worth $41,182,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Leith Wheeler Investment Counsel Ltd. grew its position 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 raised its stake in Expedia Group by 19.6% during the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $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 2nd quarter valued at $2,351,000. Brighton Jones LLC boosted its holdings in shares of Expedia Group by 44.1% in the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock valued at $3,486,000 after purchasing an additional 4,988 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Expedia Group by 77.4% during the 3rd quarter. Cerity Partners LLC now owns 91,360 shares of the online travel company’s stock valued at $19,528,000 after buying an additional 39,860 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $271.14 on Monday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $33.22 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43. The firm’s fifty day moving average price is $275.08 and its 200 day moving average price is $234.22.

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

Expedia Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXPE. HSBC lifted their target price on Expedia Group from $272.00 to $365.00 and gave the company a “buy” rating in a report on Friday, January 9th. Barclays increased their target price on shares of Expedia Group from $220.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Wednesday. The Goldman Sachs Group raised their price target on shares of Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a report on Friday, November 7th. CICC Research upgraded shares of Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price objective for the company in a research note on Monday, November 10th. Finally, Argus raised their target price on shares of Expedia Group from $340.00 to $345.00 and gave the company a “buy” rating in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $289.13.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the transaction, the director owned 30,858 shares of the company’s stock, valued at $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. The trade was a 25.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 4,849 shares of company stock valued at $1,283,270. Company insiders own 9.13% of the company’s stock.

Expedia Group 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.