Expedia Group, Inc. $EXPE Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,190,874 shares of the online travel company’s stock after buying an additional 17,378 shares during the period. Dimensional Fund Advisors LP’s holdings in Expedia Group were worth $274,948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of Expedia Group by 3.6% in the 1st quarter. Parallel Advisors LLC now owns 1,927 shares of the online travel company’s stock valued at $445,000 after acquiring an additional 67 shares during the period. KBC Group NV lifted its position in Expedia Group by 201.3% during the 1st quarter. KBC Group NV now owns 276,150 shares of the online travel company’s stock worth $63,761,000 after acquiring an additional 184,507 shares during the period. SEB Asset Management AB acquired a new stake in Expedia Group during the 1st quarter worth about $53,254,000. Swiss National Bank lifted its position in Expedia Group by 6.1% during the 1st quarter. Swiss National Bank now owns 343,391 shares of the online travel company’s stock worth $79,286,000 after acquiring an additional 19,600 shares during the period. Finally, AIA Group Ltd purchased a new stake in Expedia Group during the 1st quarter valued at about $259,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This trade represents a 6.26% 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.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on EXPE. Wedbush assumed coverage on Expedia Group in a report on Thursday, July 16th. They issued an “outperform” rating and a $334.00 price objective on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Expedia Group in a report on Monday. Morgan Stanley upped their target price on Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Finally, Citic Securities reduced their price target on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $288.64.

Expedia Group Stock Down 1.5%

Shares of EXPE opened at $261.08 on Thursday. The firm has a market cap of $31.99 billion, a P/E ratio of 22.98, a PEG ratio of 0.70 and a beta of 1.23. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $303.80. The stock’s 50 day moving average is $242.88 and its two-hundred day moving average is $244.06. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the prior year, the company posted $0.40 EPS. The business’s quarterly revenue was up 14.7% on a year-over-year basis. Analysts predict that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared 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 of this dividend was Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

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.