Swiss National Bank Has $74.92 Million Stock Position in Expedia Group, Inc. $EXPE

Swiss National Bank lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,491 shares of the online travel company’s stock after selling 22,900 shares during the quarter. Swiss National Bank owned about 0.28% of Expedia Group worth $74,917,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. WINTON GROUP Ltd bought a new stake in Expedia Group in the 3rd quarter valued at about $692,000. Schroder Investment Management Group grew its stake in Expedia Group by 8.3% in the third quarter. Schroder Investment Management Group now owns 42,051 shares of the online travel company’s stock valued at $9,273,000 after acquiring an additional 3,223 shares during the period. Inceptionr LLC acquired a new stake in Expedia Group in the third quarter valued at approximately $810,000. Private Advisor Group LLC increased its holdings in shares of Expedia Group by 32.9% during the third quarter. Private Advisor Group LLC now owns 5,325 shares of the online travel company’s stock valued at $1,138,000 after acquiring an additional 1,318 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in shares of Expedia Group by 11.9% during the third quarter. Pinnacle Associates Ltd. now owns 13,469 shares of the online travel company’s stock valued at $2,879,000 after acquiring an additional 1,429 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction dated 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 sale, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 9.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EXPE shares. Royal Bank Of Canada increased their target price on Expedia Group from $260.00 to $290.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 17th. Wells Fargo & Company decreased their price target on shares of Expedia Group from $329.00 to $315.00 and set an “equal weight” rating for the company in a research note on Friday, February 13th. Wall Street Zen raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Susquehanna reiterated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Finally, BTIG Research reissued a “buy” rating and set a $330.00 target price on shares of Expedia Group in a research report on Friday, February 13th. Thirteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $281.65.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $230.35 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75. The stock has a market cap of $28.23 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 0.72 and a beta of 1.41. The stock’s fifty day simple moving average is $249.90 and its two-hundred day simple moving average is $242.96. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $303.80.

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

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.8%. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, March 5th. Expedia Group’s dividend payout ratio is presently 19.49%.

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.