Expedia Group, Inc. $EXPE Stock Position Increased by Wellington Management Group LLP

Wellington Management Group LLP increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 67.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 780,140 shares of the online travel company’s stock after buying an additional 314,984 shares during the quarter. Wellington Management Group LLP owned about 0.65% of Expedia Group worth $199,622,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EXPE. Norges Bank acquired a new stake in shares of Expedia Group during the fourth quarter worth $861,979,000. AQR Capital Management LLC boosted 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 period. Bank of New York Mellon Corp purchased a new position in Expedia Group in the 2nd quarter worth about $166,203,000. First Trust Advisors LP increased its stake in Expedia Group by 104.1% in the 1st quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock worth $275,112,000 after purchasing an additional 607,698 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in 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 buying an additional 456,176 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $317.12 on Tuesday. The stock has a fifty day moving average price of $291.00 and a 200 day moving average price of $251.82. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. Expedia Group, Inc. has a 1 year low of $185.34 and a 1 year high of $342.00. The stock has a market cap of $38.06 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 0.81 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, topping analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.17 billion. During the same period last year, the business earned $4.24 EPS. The business’s quarterly revenue was up 14.0% on a year-over-year basis. Analysts forecast that Expedia Group, Inc. will post 17.15 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,133 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the completion of the sale, the director directly owned 29,832 shares of the company’s stock, valued at approximately $9,800,408.64. This represents a 9.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 2,810 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer owned 12,006 shares in the company, valued at $3,885,741.90. The trade was a 18.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 16,652 shares of company stock valued at $4,977,561. Corporate insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Susquehanna upped their price objective on shares of Expedia Group from $250.00 to $315.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. B. Riley Financial lifted their target price on shares of Expedia Group from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Cantor Fitzgerald boosted their price target on shares of Expedia Group from $255.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. BMO Capital Markets restated a “market perform” rating and issued a $285.00 price target on shares of Expedia Group in a research report on Friday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Expedia Group from $303.00 to $307.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Eighteen equities research analysts have rated the stock with a Buy rating and twenty-one have given a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average target price of $317.45.

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.