Expedia Group, Inc. $EXPE Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 7.7% during the 2nd quarter, Holdings Channel reports. The firm owned 296,711 shares of the online travel company’s stock after acquiring an additional 21,308 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Expedia Group were worth $50,049,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of EXPE. Nuveen LLC acquired a new stake in Expedia Group in the first quarter valued at $227,174,000. Los Angeles Capital Management LLC grew its holdings in Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after purchasing an additional 999,454 shares during the last quarter. AQR Capital Management LLC grew its holdings in Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Expedia Group in the first quarter valued at $82,975,000. Finally, Alkeon Capital Management LLC grew its holdings in Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after purchasing an additional 398,804 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $222.50 on Tuesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98. The company has a market cap of $27.53 billion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 1.14 and a beta of 1.56. The stock’s 50-day moving average is $217.46 and its 200-day moving average is $187.78.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter in the previous year, the business earned $3.51 EPS. The company’s revenue for the quarter 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. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s payout ratio is presently 19.61%.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Susquehanna upped their target price on Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, August 11th. Bank of America upped their price objective on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Wedbush upped their price objective on Expedia Group from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Benchmark upped their price objective on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, DA Davidson upped their price objective on Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $214.29.

Expedia Group 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.