Expedia Group, Inc. $EXPE Shares Acquired by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 537,881 shares of the online travel company’s stock after purchasing an additional 39,275 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.43% of Expedia Group worth $114,972,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. increased its stake in shares of Expedia Group by 4.3% during the second quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock worth $227,000 after acquiring an additional 55 shares during the period. Blue Trust Inc. lifted its position in Expedia Group by 8.0% in the third quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock valued at $159,000 after purchasing an additional 55 shares during the period. New York Life Investment Management LLC boosted its holdings in Expedia Group by 0.4% in the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock valued at $2,832,000 after purchasing an additional 64 shares in the last quarter. Hohimer Wealth Management LLC increased its position in Expedia Group by 0.3% during the 2nd quarter. Hohimer Wealth Management LLC now owns 26,831 shares of the online travel company’s stock worth $4,526,000 after purchasing an additional 68 shares during the period. Finally, Consilio Wealth Advisors LLC increased its position in Expedia Group by 4.1% during the 2nd quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after purchasing an additional 71 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $272.15 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. The company’s 50-day moving average price is $274.75 and its 200 day moving average price is $232.18. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The stock has a market cap of $33.35 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 1.03 and a beta of 1.43.

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

Expedia Group Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. TD Cowen upped their price objective on Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Sanford C. Bernstein boosted their target price on shares of Expedia Group from $210.00 to $256.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. HSBC increased their price target on shares of Expedia Group from $272.00 to $365.00 and gave the company a “buy” rating in a report on Friday, January 9th. Argus raised their price objective on shares of Expedia Group from $340.00 to $345.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Expedia Group from $185.00 to $235.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-four have given a Hold rating to the company. According to MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $288.32.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 849 shares of Expedia Group 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 owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares of the company’s stock, valued at $8,379,489.90. The trade was a 8.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,849 shares of company stock valued at $1,283,270 over the last three months. 9.13% of the stock is currently owned by insiders.

Expedia Group Company 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.