Teacher Retirement System of Texas Has $29.04 Million Stock Holdings in Expedia Group, Inc. $EXPE

Teacher Retirement System of Texas decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 24.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 172,138 shares of the online travel company’s stock after selling 54,807 shares during the period. Teacher Retirement System of Texas owned approximately 0.14% of Expedia Group worth $29,036,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Expedia Group by 2.7% in the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after purchasing an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC lifted its stake in shares of Expedia Group by 20.2% during the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock worth $399,284,000 after buying an additional 398,804 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after buying an additional 917,192 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Expedia Group during the 1st quarter worth about $227,174,000. Finally, Northern Trust Corp lifted its stake in shares of Expedia Group by 4.4% during the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after buying an additional 55,575 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $222.50 on Tuesday. The firm has a market cap of $27.53 billion, a P/E ratio of 27.27, a PEG ratio of 1.14 and a beta of 1.56. The firm has a 50-day moving average of $217.46 and a 200 day moving average of $187.78. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s dividend payout ratio is presently 19.61%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EXPE. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. Barclays boosted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a research report on Friday, August 8th. Royal Bank Of Canada lifted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a report on Friday, August 8th. Piper Sandler lifted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company an “underweight” rating in a report on Friday, August 8th. Finally, Susquehanna lifted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $214.29.

Insider Activity at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the transaction, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is owned by corporate insiders.

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.