Robeco Institutional Asset Management B.V. Buys 24,124 Shares of Expedia Group, Inc. $EXPE

Robeco Institutional Asset Management B.V. raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 619,268 shares of the online travel company’s stock after purchasing an additional 24,124 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Expedia Group were worth $132,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. OMNI 360 Wealth Inc. acquired a new position in shares of Expedia Group during the 2nd quarter worth about $325,000. Leith Wheeler Investment Counsel Ltd. grew its holdings in Expedia Group by 2.6% in the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after buying an additional 2,767 shares during the last quarter. Vise Technologies Inc. bought a new position in Expedia Group in the 2nd quarter worth approximately $2,351,000. Brighton Jones LLC lifted its holdings in shares of Expedia Group by 44.1% during the third quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock worth $3,486,000 after buying an additional 4,988 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC acquired a new position in shares of Expedia Group during the second quarter worth approximately $417,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPE has been the subject of several research analyst reports. Cantor Fitzgerald upped their target price on shares of Expedia Group from $220.00 to $285.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. The Goldman Sachs Group boosted their price target on Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Royal Bank Of Canada upped their price target on Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a report on Wednesday, December 17th. Piper Sandler upgraded Expedia Group from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $190.00 to $250.00 in a research report on Friday, November 7th. Finally, BTIG Research boosted their price objective on Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $273.58.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is owned by insiders.

Expedia Group Trading Up 1.6%

EXPE stock opened at $287.47 on Tuesday. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $292.42. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. The business’s 50 day moving average is $261.26 and its 200-day moving average is $222.72. The firm has a market cap of $35.22 billion, a P/E ratio of 27.51, a P/E/G ratio of 1.02 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the company earned $6.13 EPS. Expedia Group’s revenue was up 8.7% on a year-over-year basis. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s payout ratio is currently 15.31%.

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.