Expedia Group, Inc. $EXPE Holdings Decreased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 14.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 289,794 shares of the online travel company’s stock after selling 48,053 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Expedia Group were worth $61,943,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EXPE. Brighton Jones LLC acquired a new stake in shares of Expedia Group in the 4th quarter worth approximately $408,000. NewEdge Advisors LLC raised its holdings in Expedia Group by 5.0% during the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after purchasing an additional 259 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Expedia Group in the second quarter worth approximately $596,000. Park Avenue Securities LLC boosted its stake in Expedia Group by 70.7% during the 2nd quarter. Park Avenue Securities LLC now owns 6,275 shares of the online travel company’s stock valued at $1,059,000 after purchasing an additional 2,598 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Expedia Group by 6.7% during the 2nd quarter. Fifth Third Bancorp now owns 6,413 shares of the online travel company’s stock valued at $1,082,000 after purchasing an additional 404 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Down 3.0%

Shares of NASDAQ:EXPE opened at $271.14 on Friday. The firm has a 50 day simple moving average of $275.08 and a 200 day simple moving average of $233.82. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market cap of $33.22 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $6.13 EPS. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EXPE. Piper Sandler raised Expedia Group from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $190.00 to $250.00 in a research note on Friday, November 7th. Bank of America boosted their price target on shares of Expedia Group from $285.00 to $326.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Truist Financial set a $210.00 price objective on shares of Expedia Group in a research report on Monday, October 27th. Royal Bank Of Canada boosted their target price on shares of Expedia Group from $260.00 to $290.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 17th. Finally, KeyCorp initiated coverage on shares of Expedia Group in a report on Wednesday, October 22nd. They set a “sector weight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $289.13.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the sale, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. This represents a 25.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 4,849 shares of company stock valued at $1,283,270. Insiders own 9.13% of the company’s stock.

Expedia Group 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.