Jupiter Asset Management Ltd. Purchases 109,686 Shares of Expedia Group, Inc. $EXPE

Jupiter Asset Management Ltd. grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 51.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 323,152 shares of the online travel company’s stock after acquiring an additional 109,686 shares during the quarter. Jupiter Asset Management Ltd. owned 0.25% of Expedia Group worth $54,509,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its stake in Expedia Group by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock worth $2,555,424,000 after purchasing an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC raised its holdings in shares of 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 period. AQR Capital Management LLC lifted its position in Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after acquiring an additional 917,192 shares in the last quarter. Nuveen LLC bought a new stake in Expedia Group in the 1st quarter valued at $227,174,000. Finally, Northern Trust Corp increased its holdings in Expedia Group by 4.4% during the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after purchasing an additional 55,575 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on EXPE shares. Oppenheimer increased their price objective on Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. KeyCorp started coverage on shares of Expedia Group in a research note on Wednesday, October 22nd. They set a “sector weight” rating for the company. Benchmark raised their target price on shares of Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a research note on Friday. UBS Group lifted their price target on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, CICC Research upgraded shares of Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price objective on the stock in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-two have issued a Hold rating to the company. According to data from MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus target price of $262.00.

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of the business’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 transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is owned by company insiders.

Expedia Group Price Performance

Expedia Group stock opened at $265.32 on Wednesday. The firm has a market cap of $32.82 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The stock’s fifty day moving average price is $221.63 and its two-hundred day moving average price is $194.08. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $270.22.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio is presently 15.31%.

About Expedia Group

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.