Elo Mutual Pension Insurance Co Grows Position in Expedia Group, Inc. $EXPE

Elo Mutual Pension Insurance Co boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 30.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,254 shares of the online travel company’s stock after purchasing an additional 5,147 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Expedia Group were worth $4,757,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in EXPE. Spire Wealth Management raised its position in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group during the third quarter worth about $30,000. Rossby Financial LCC raised its holdings in shares of Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after purchasing an additional 82 shares during the period. SOA Wealth Advisors LLC. acquired a new position in shares of Expedia Group in the 3rd quarter valued at about $36,000. Finally, Armstrong Advisory Group Inc. lifted its stake in shares of Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after purchasing an additional 117 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on EXPE shares. Deutsche Bank Aktiengesellschaft set a $244.00 target price on shares of Expedia Group in a research report on Friday, February 13th. HSBC boosted their price objective on shares of Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. B. Riley Financial raised their target price on shares of Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, January 12th. CICC Research upgraded shares of Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 target price on the stock in a report on Monday, November 10th. Finally, Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Thirteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $282.55.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $213.24 on Tuesday. The firm has a 50-day moving average of $257.14 and a two-hundred day moving average of $241.90. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market cap of $26.13 billion, a P/E ratio of 21.65, a PEG ratio of 0.67 and a beta of 1.41. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $303.80.

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

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.48 per share. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, March 5th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio (DPR) is currently 16.24%.

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.