Dai ichi Life Insurance Company Ltd Has $1.35 Million Stock Holdings in Expedia Group, Inc. $EXPE

Dai ichi Life Insurance Company Ltd trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE) by 32.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 5,828 shares of the online travel company’s stock after selling 2,796 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Expedia Group were worth $1,346,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. RHS Financial LLC raised its stake in shares of Expedia Group by 4.0% during the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after acquiring an additional 40 shares during the last quarter. Petredis Investment Advisors LLC increased its holdings in Expedia Group by 3.2% in the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after purchasing an additional 43 shares in the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. Finally, Ballentine Partners LLC grew its position in shares of Expedia Group by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock worth $630,000 after buying an additional 47 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $259.94 on Monday. The company has a market capitalization of $31.85 billion, a PE ratio of 22.88, a PEG ratio of 0.68 and a beta of 1.23. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock’s 50 day moving average price is $244.54 and its 200-day moving average price is $243.69. Expedia Group, Inc. has a twelve month low of $174.05 and a twelve month high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $3.35 billion. During the same quarter in the prior year, the business earned $0.40 earnings per share. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. On average, equities analysts anticipate that Expedia Group, Inc. will post 17.04 EPS for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is currently 16.90%.

Wall Street Analyst Weigh In

EXPE has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price objective on shares of Expedia Group in a research note on Monday, July 20th. Piper Sandler increased their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Wells Fargo & Company decreased their target price on Expedia Group from $307.00 to $303.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 30th. Wedbush started coverage on Expedia Group in a research note on Thursday, July 16th. They set an “outperform” rating and a $334.00 price target on the stock. Finally, Robert W. Baird raised their price objective on shares of Expedia Group from $290.00 to $294.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $288.64.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the 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 sale, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 5.20% of the company’s stock.

About Expedia Group

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.