Achmea Investment Management B.V. Purchases 33,590 Shares of Expedia Group, Inc. $EXPE

Achmea Investment Management B.V. lifted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 37.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123,531 shares of the online travel company’s stock after buying an additional 33,590 shares during the period. Achmea Investment Management B.V. owned approximately 0.10% of Expedia Group worth $26,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of Expedia Group during the 4th quarter worth $408,000. NewEdge Advisors LLC boosted its stake in shares of Expedia Group by 5.0% in the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC purchased a new stake in Expedia Group during the 2nd quarter valued at approximately $596,000. Allworth Financial LP grew its stake in Expedia Group by 91.4% during the second quarter. Allworth Financial LP now owns 1,158 shares of the online travel company’s stock valued at $195,000 after acquiring an additional 553 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its position in shares of Expedia Group by 1.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 18,265 shares of the online travel company’s stock valued at $3,081,000 after purchasing an additional 295 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 4.2%

NASDAQ:EXPE opened at $241.25 on Wednesday. The firm has a 50-day simple moving average of $245.41 and a 200-day simple moving average of $243.68. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $303.80. The firm has a market cap of $29.56 billion, a P/E ratio of 24.49, a P/E/G ratio of 0.71 and a beta of 1.41. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. The firm had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The company’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the firm earned $2.39 earnings per share. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS 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. Investors of record on Thursday, March 5th will be paid a dividend of $0.48 per share. This is a positive change 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 yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 8,225 shares of the company’s 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 of the company’s stock, valued at $22,629,633.60. This represents a 7.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 9.13% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. B. Riley Financial boosted their target price on shares of Expedia Group from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Monday, January 12th. The Goldman Sachs Group increased their target price on Expedia Group from $325.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. UBS Group set a $266.00 price target on shares of Expedia Group in a report on Friday, February 13th. DA Davidson reduced their price target on shares of Expedia Group from $294.00 to $260.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Thirteen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus target price of $281.65.

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.