Massachusetts Financial Services Co. MA Has $1.90 Million Holdings in Expedia Group, Inc. $EXPE

Massachusetts Financial Services Co. MA cut its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 98.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,704 shares of the online travel company’s stock after selling 531,177 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Expedia Group were worth $1,899,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Windacre Partnership LLC boosted its stake in Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after buying an additional 309,900 shares in the last quarter. AQR Capital Management LLC boosted its stake in Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after buying an additional 728,063 shares in the last quarter. Invesco Ltd. boosted its stake in Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after buying an additional 230,176 shares in the last quarter. Wellington Management Group LLP boosted its stake in Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after buying an additional 1,801,232 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in Expedia Group by 3.1% in the third quarter. Legal & General Group Plc now owns 952,038 shares of the online travel company’s stock valued at $203,498,000 after buying an additional 28,412 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of EXPE stock opened at $265.84 on Friday. The business’s 50-day moving average price is $228.26 and its 200-day moving average price is $246.03. Expedia Group, Inc. has a 12 month low of $144.20 and a 12 month high of $303.80. The firm has a market capitalization of $32.58 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 0.79 and a beta of 1.33. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. The firm had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.41 billion. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the firm posted $2.39 earnings per share. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a $0.48 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, March 5th. Expedia Group’s payout ratio is presently 19.49%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Robert W. Baird raised their price objective on Expedia Group from $280.00 to $282.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Evercore reissued an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. Zacks Research lowered Expedia Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Citizens Jmp reissued a “market perform” rating on shares of Expedia Group in a research note on Tuesday, February 17th. Finally, Cantor Fitzgerald set a $245.00 price target on Expedia Group in a research note on Friday, February 13th. Fourteen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus target price of $282.42.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of Expedia Group stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares of the company’s stock, valued at $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.13% of the stock is currently owned by corporate insiders.

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.