Expedia Group, Inc. (NASDAQ:EXPE) Holdings Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 14.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,054,485 shares of the online travel company’s stock after acquiring an additional 135,973 shares during the period. Dimensional Fund Advisors LP owned 0.77% of Expedia Group worth $132,851,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. ORG Partners LLC increased its position in Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares during the last quarter. University of Texas Texas AM Investment Managment Co. acquired a new stake in shares of Expedia Group during the 4th quarter valued at about $26,000. Innealta Capital LLC bought a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $27,000. Blue Trust Inc. increased its holdings in Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares during the last quarter. Finally, Crewe Advisors LLC bought a new position in Expedia Group during the first quarter valued at approximately $40,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPE has been the subject of several recent research reports. Barclays dropped their price target on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. DA Davidson reiterated a “neutral” rating and set a $135.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Truist Financial started coverage on Expedia Group in a research note on Friday, September 6th. They issued a “hold” rating and a $148.00 price objective on the stock. Wedbush upped their target price on Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Finally, Susquehanna lifted their price target on shares of Expedia Group from $125.00 to $145.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. Eighteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and an average target price of $148.00.

Expedia Group Stock Up 1.1 %

Shares of EXPE opened at $144.04 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. The company has a 50-day moving average price of $131.94 and a two-hundred day moving average price of $128.05. The stock has a market cap of $19.63 billion, a price-to-earnings ratio of 26.97, a P/E/G ratio of 0.51 and a beta of 1.79. Expedia Group, Inc. has a 12 month low of $92.48 and a 12 month high of $160.05.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, topping the consensus estimate of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same quarter last year, the company earned $2.34 EPS. Expedia Group’s revenue was up 6.0% on a year-over-year basis. Equities analysts predict that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares of the company’s stock, valued at $11,829,740. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Expedia Group Company Profile

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.