75,602 Shares in Expedia Group, Inc. $EXPE Acquired by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 75,602 shares of the online travel company’s stock, valued at approximately $21,419,000.

Several other large investors have also recently added to or reduced their stakes in EXPE. Wellington Management Group LLP increased its position in shares of Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares during the last quarter. AQR Capital Management LLC increased its position in shares of 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 valued at $779,275,000 after purchasing an additional 728,063 shares during the last quarter. Voloridge Investment Management LLC increased its position in shares of Expedia Group by 465.6% in the 3rd quarter. Voloridge Investment Management LLC now owns 452,867 shares of the online travel company’s stock valued at $96,800,000 after purchasing an additional 372,798 shares during the last quarter. Tidal Investments LLC increased its position in shares of Expedia Group by 1,933.8% in the 3rd quarter. Tidal Investments LLC now owns 357,635 shares of the online travel company’s stock valued at $76,444,000 after purchasing an additional 340,050 shares during the last quarter. Finally, Windacre Partnership LLC increased its position in shares of Expedia Group by 9.2% in the 3rd quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after purchasing an additional 309,900 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction 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 sale, 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction on 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 completion of the sale, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

EXPE has been the topic of a number of recent analyst reports. UBS Group dropped their price objective on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Robert W. Baird set a $290.00 price objective on shares of Expedia Group in a research report on Friday, May 8th. HSBC increased their price objective on shares of Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Citigroup reissued a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. Finally, DA Davidson dropped their price objective on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $284.42.

Expedia Group Trading Up 0.4%

Shares of Expedia Group stock opened at $227.55 on Friday. Expedia Group, Inc. has a 1 year low of $160.00 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $27.88 billion, a P/E ratio of 20.03, a PEG ratio of 0.69 and a beta of 1.30. The company’s fifty day moving average is $235.59 and its two-hundred day moving average is $249.34.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.35 billion. During the same period last year, the firm posted $0.40 EPS. Expedia Group’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be given a dividend of $0.48 per share. 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 dividend payout ratio (DPR) 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.