Skandinaviska Enskilda Banken AB publ Boosts Holdings in Expedia Group, Inc. $EXPE

Skandinaviska Enskilda Banken AB publ lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 144.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,099 shares of the online travel company’s stock after purchasing an additional 84,603 shares during the period. Skandinaviska Enskilda Banken AB publ owned about 0.11% of Expedia Group worth $24,138,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. OMNI 360 Wealth Inc. purchased a new position in Expedia Group in the second quarter valued at about $325,000. Korea Investment CORP increased its holdings in Expedia Group by 55.1% during the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock worth $29,911,000 after purchasing an additional 63,244 shares during the last quarter. Leith Wheeler Investment Counsel Ltd. raised its position in shares of Expedia Group by 2.6% in the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after purchasing an additional 2,767 shares in the last quarter. Vise Technologies Inc. purchased a new position in shares of Expedia Group during the 2nd quarter valued at approximately $2,351,000. Finally, Plato Investment Management Ltd acquired a new stake in shares of Expedia Group during the first quarter worth approximately $1,648,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director owned 30,858 shares in the company, valued at approximately $8,379,489.90. The trade was a 8.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 849 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $255.28 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm’s 50-day moving average price is $230.22 and its two-hundred day moving average price is $201.82. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $279.61. The stock has a market capitalization of $31.28 billion, a P/E ratio of 31.28, a P/E/G ratio of 1.15 and a beta of 1.58.

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

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be 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 is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

Analysts Set New Price Targets

EXPE has been the subject of a number of research analyst reports. Truist Financial set a $210.00 price target on shares of Expedia Group in a research note on Monday, October 27th. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a research report on Monday, August 11th. Citigroup increased their price target on shares of Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. Susquehanna upped their price objective on Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 10th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Expedia Group in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $265.31.

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.