Expedia Group, Inc. $EXPE Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1,208.6% during the fourth quarter, Holdings Channel reports. The fund owned 106,000 shares of the online travel company’s stock after acquiring an additional 97,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Expedia Group were worth $30,031,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JFS Wealth Advisors LLC grew its stake in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in Expedia Group in the 4th quarter valued at about $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group in the 3rd quarter valued at about $30,000. Rossby Financial LCC boosted its stake in shares of Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after buying an additional 82 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Zacks Research lowered shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Benchmark lowered their price target on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a report on Friday, February 13th. Wall Street Zen raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday. TD Cowen raised their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Finally, Sanford C. Bernstein decreased their price objective on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a research report on Wednesday, March 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $284.06.

Expedia Group Stock Performance

Shares of EXPE opened at $217.55 on Thursday. The company has a market capitalization of $26.66 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 0.69 and a beta of 1.30. Expedia Group, Inc. has a 52-week low of $156.05 and a 52-week high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock has a 50 day moving average price of $238.85 and a 200 day moving average price of $249.62.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the previous year, the firm earned $0.40 EPS. The company’s revenue was up 14.7% compared to the same quarter last year. Research analysts predict that Expedia Group, Inc. will post 16.64 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. Expedia Group’s payout ratio is 16.90%.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the transaction, the insider owned 102,480 shares in the company, valued at $22,629,633.60. This represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.81% of the stock is owned by corporate 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.