Healthcare of Ontario Pension Plan Trust Fund Has $1.70 Million Holdings in Expedia Group, Inc. $EXPE

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 58.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,351 shares of the online travel company’s stock after purchasing an additional 2,726 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Expedia Group were worth $1,697,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Expedia Group in the fourth quarter worth about $861,979,000. Wellington Management Group LLP increased its holdings in shares of Expedia Group by 24,899.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after acquiring an additional 1,801,232 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after acquiring an additional 728,063 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Expedia Group by 104.1% in the 1st quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock valued at $275,112,000 after acquiring an additional 607,698 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in Expedia Group by 55.0% in the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock worth $364,363,000 after purchasing an additional 456,176 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $294.74 on Friday. 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 business’s 50 day moving average is $252.25 and its two-hundred day moving average is $243.89. The company has a market cap of $36.12 billion, a P/E ratio of 25.95, a P/E/G ratio of 0.77 and a beta of 1.23. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $312.40.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.Expedia Group’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 earnings per share. On average, equities analysts expect that Expedia Group, Inc. will post 17.04 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio is 16.90%.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the subject of a number of recent analyst reports. Truist Financial decreased their target price on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research report on Monday, April 6th. Wells Fargo & Company dropped their price target on shares of Expedia Group from $307.00 to $303.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 30th. UBS Group boosted their price objective on shares of Expedia Group from $262.00 to $322.00 and gave the stock a “neutral” rating in a research note on Thursday. BTIG Research reaffirmed a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a report on Tuesday, June 9th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a research note on Monday, July 20th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and a consensus target price of $290.76.

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.