Banco Bilbao Vizcaya Argentaria S.A. Grows Stock Holdings in Expedia Group, Inc. $EXPE

Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,264 shares of the online travel company’s stock after acquiring an additional 2,725 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Expedia Group were worth $6,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Orion Porfolio Solutions LLC grew its position in shares of Expedia Group by 0.4% in the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock valued at $2,098,000 after purchasing an additional 38 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Expedia Group by 0.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,658 shares of the online travel company’s stock worth $1,209,000 after purchasing an additional 48 shares during the period. Bessemer Group Inc. boosted its stake in Expedia Group by 0.8% in the 3rd quarter. Bessemer Group Inc. now owns 6,201 shares of the online travel company’s stock worth $1,325,000 after purchasing an additional 52 shares during the period. Blue Trust Inc. grew its holdings in Expedia Group by 8.0% during the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock valued at $159,000 after buying an additional 55 shares in the last quarter. Finally, Millington Financial Advisors LLC grew its holdings in Expedia Group by 0.4% during the 3rd quarter. Millington Financial Advisors LLC now owns 13,308 shares of the online travel company’s stock valued at $2,870,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of a number of recent analyst reports. BNP Paribas Exane began coverage on shares of Expedia Group in a report on Monday, November 24th. They issued a “hold” rating on the stock. DA Davidson reduced their price objective on shares of Expedia Group from $294.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Mizuho decreased their target price on shares of Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Cantor Fitzgerald set a $245.00 target price on shares of Expedia Group in a research note on Friday, February 13th. Finally, Wedbush reissued a “neutral” rating and issued a $260.00 price target on shares of Expedia Group in a report on Tuesday, February 17th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $281.65.

Expedia Group Stock Performance

Expedia Group stock opened at $231.46 on Tuesday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $28.36 billion, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 0.71 and a beta of 1.41. The firm’s fifty day moving average price is $246.57 and its 200-day moving average price is $243.50.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.46. The company had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.39 earnings per share. On average, equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, March 5th. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio (DPR) is currently 19.49%.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 9.13% of the company’s stock.

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.