Aurora Investment Counsel Lowers Holdings in Expedia Group, Inc. $EXPE

Aurora Investment Counsel reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 49.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,445 shares of the online travel company’s stock after selling 2,423 shares during the period. Aurora Investment Counsel’s holdings in Expedia Group were worth $565,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in Expedia Group during the fourth quarter valued at approximately $861,979,000. Wellington Management Group LLP lifted its holdings in Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after acquiring an additional 1,801,232 shares during the period. AQR Capital Management LLC boosted its position in Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after purchasing an additional 728,063 shares in the last quarter. First Trust Advisors LP boosted its position in Expedia Group by 594.0% in the 4th quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock worth $165,405,000 after purchasing an additional 499,706 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in shares of Expedia Group by 55.0% during the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock worth $364,363,000 after purchasing an additional 456,176 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Expedia Group stock opened at $268.77 on Friday. The stock has a market capitalization of $32.94 billion, a P/E ratio of 23.66, a P/E/G ratio of 0.71 and a beta of 1.23. The company’s fifty day moving average price is $240.27 and its 200 day moving average price is $244.78. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same period in the prior year, the business posted $0.40 earnings per share. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. As a group, equities research analysts anticipate that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. BTIG Research reaffirmed a “buy” rating and set a $330.00 target price on shares of Expedia Group in a report on Tuesday, June 9th. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Dbs Bank raised shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Jefferies Financial Group upped their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Finally, Truist Financial decreased their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research report on Monday, April 6th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $288.82.

Insider Activity

In other news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider owned 105,448 shares in the company, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 5.20% 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.