Livforsakringsbolaget Skandia Omsesidigt Reduces Holdings in Expedia Group, Inc. $EXPE

Livforsakringsbolaget Skandia Omsesidigt lowered its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 35.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,767 shares of the online travel company’s stock after selling 17,470 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Expedia Group were worth $5,358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Expedia Group by 2.7% during the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock worth $2,555,424,000 after acquiring an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC raised its position in Expedia Group by 20.2% during the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock worth $399,284,000 after acquiring an additional 398,804 shares during the last quarter. AQR Capital Management LLC raised its position in Expedia Group by 174.0% during the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after acquiring an additional 917,192 shares during the last quarter. Nuveen LLC acquired a new position in Expedia Group during the first quarter worth about $227,174,000. Finally, Northern Trust Corp raised its position in Expedia Group by 4.4% during the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after acquiring an additional 55,575 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 3,306 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,816 shares of company stock worth $2,009,132. Company insiders own 9.13% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $228.24 on Tuesday. The company’s 50 day simple moving average is $198.77 and its 200 day simple moving average is $176.86. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $229.00. The stock has a market capitalization of $28.24 billion, a PE ratio of 27.97, a P/E/G ratio of 1.17 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.70 billion. During the same period last year, the company earned $3.51 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be issued a $0.40 dividend. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 19.61%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Barclays lifted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. Susquehanna raised their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. Piper Sandler raised their price target on shares of Expedia Group from $135.00 to $190.00 and gave the stock an “underweight” rating in a research note on Friday, August 8th. Finally, Wedbush raised their price target on shares of Expedia Group from $175.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $205.63.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.