ING Groep NV Purchases 25,643 Shares of Expedia Group, Inc. $EXPE

ING Groep NV raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 167.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,922 shares of the online travel company’s stock after purchasing an additional 25,643 shares during the quarter. ING Groep NV’s holdings in Expedia Group were worth $11,594,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EXPE. Entrust Financial LLC bought a new position in Expedia Group in the fourth quarter valued at about $26,000. JFS Wealth Advisors LLC raised its position in Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Expedia Group in the fourth quarter valued at about $29,000. Rossby Financial LCC raised its position in Expedia Group by 103.8% in the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in Expedia Group by 970.6% in the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on EXPE shares. Weiss Ratings downgraded Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Benchmark lowered their price objective on Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Mizuho lowered their price objective on Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Morgan Stanley raised their price objective on Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $284.42.

Expedia Group Stock Performance

Shares of EXPE stock opened at $228.88 on Monday. The company has a market cap of $28.05 billion, a P/E ratio of 20.15, a PEG ratio of 0.60 and a beta of 1.25. The stock has a 50 day simple moving average of $234.33 and a two-hundred day simple moving average of $247.79. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a fifty-two week low of $160.00 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share. Research analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The stock was 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 directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 5.20% of the company’s stock.

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.