Expedia Group, Inc. $EXPE Stock Position Decreased by TD Asset Management Inc

TD Asset Management Inc cut its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 13.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,911 shares of the online travel company’s stock after selling 21,879 shares during the period. TD Asset Management Inc’s holdings in Expedia Group were worth $39,355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXPE. Norges Bank purchased a new stake in shares of Expedia Group during the 4th quarter worth about $861,979,000. Wellington Management Group LLP raised its stake in shares of Expedia Group by 24,899.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after purchasing an additional 1,801,232 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Expedia Group by 25.0% during 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. Voloridge Investment Management LLC raised its stake in shares of Expedia Group by 465.6% during the 3rd quarter. Voloridge Investment Management LLC now owns 452,867 shares of the online travel company’s stock worth $96,800,000 after purchasing an additional 372,798 shares in the last quarter. Finally, Tidal Investments LLC raised its stake in shares of Expedia Group by 1,933.8% during the 3rd quarter. Tidal Investments LLC now owns 357,635 shares of the online travel company’s stock worth $76,444,000 after purchasing an additional 340,050 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Up 0.7%

Shares of EXPE stock opened at $228.88 on Friday. The stock’s 50 day simple moving average is $234.33 and its 200 day simple moving average is $247.76. 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 twelve month low of $160.00 and a twelve month high of $303.80. The company has a market capitalization of $28.05 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 0.70 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period last year, the business earned $0.40 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. As a group, research analysts predict that Expedia Group, Inc. will post 17.07 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s payout ratio is currently 16.90%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. HSBC raised their price target on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Truist Financial cut their price target on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Piper Sandler raised their price objective on Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft cut their price objective on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. Finally, BMO Capital Markets raised their price objective on Expedia Group from $250.00 to $255.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $284.42.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 5.20% of the stock is currently owned by corporate insiders.

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.