Mitsubishi UFJ Trust & Banking Corp Decreases Stock Position in Expedia Group, Inc. $EXPE

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 14.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 289,794 shares of the online travel company’s stock after selling 48,053 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.23% of Expedia Group worth $61,943,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Spire Wealth Management increased its stake in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares during the period. GFG Capital LLC purchased a new position in Expedia Group in the second quarter valued at about $29,000. Grey Fox Wealth Advisors LLC purchased a new stake in Expedia Group during the 3rd quarter worth approximately $30,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group in the 2nd quarter valued at approximately $31,000. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of Expedia Group during the 3rd quarter valued at approximately $36,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Down 3.0%

Shares of Expedia Group stock opened at $271.14 on Friday. The stock has a market capitalization of $33.22 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 0.87 and a beta of 1.43. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $303.80. 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 business’s 50 day simple moving average is $275.08 and its 200-day simple moving average is $233.82.

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

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

Insider Activity at Expedia Group

In other Expedia Group news, 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. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. This trade represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,849 shares of company stock worth $1,283,270 in the last ninety days. 9.13% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on EXPE. BTIG Research upped their price target on shares of Expedia Group from $275.00 to $330.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. CICC Research upgraded Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price target for the company in a research note on Monday, November 10th. Morgan Stanley upped their price objective on Expedia Group from $180.00 to $270.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Wells Fargo & Company lifted their target price on Expedia Group from $272.00 to $329.00 and gave the stock an “equal weight” rating in a research report on Friday, January 9th. Finally, BMO Capital Markets boosted their price target on Expedia Group from $205.00 to $250.00 in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $289.13.

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.