Ensign Peak Advisors Inc Has $12.31 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Ensign Peak Advisors Inc lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 32.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,722 shares of the online travel company’s stock after acquiring an additional 23,895 shares during the period. Ensign Peak Advisors Inc owned approximately 0.07% of Expedia Group worth $12,312,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Public Employees Retirement Association of Colorado raised its stake in Expedia Group by 80.2% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 16,338 shares of the online travel company’s stock worth $2,480,000 after acquiring an additional 7,270 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Expedia Group by 1.9% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 343,389 shares of the online travel company’s stock worth $47,302,000 after acquiring an additional 6,432 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Expedia Group by 18.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock valued at $21,333,000 after acquiring an additional 23,939 shares during the last quarter. Swedbank AB lifted its holdings in shares of Expedia Group by 5.0% during the second quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock worth $21,302,000 after purchasing an additional 8,026 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in Expedia Group by 33.7% in the first quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock valued at $1,092,000 after purchasing an additional 1,996 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Performance

Shares of EXPE opened at $144.04 on Tuesday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 26.97, a price-to-earnings-growth ratio of 0.51 and a beta of 1.79. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $160.05. The stock’s 50-day simple moving average is $132.17 and its 200 day simple moving average is $128.09.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. The company had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. Expedia Group’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $2.34 earnings per share. Research analysts forecast that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. DA Davidson reaffirmed a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $130.00 price objective on shares of Expedia Group in a research note on Monday. Piper Sandler reissued a “neutral” rating and set a $140.00 target price (down previously from $145.00) on shares of Expedia Group in a research note on Friday, August 9th. Wells Fargo & Company cut their price target on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, August 9th. Finally, Wedbush boosted their price objective on Expedia Group from $125.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Eighteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $148.00.

Insider Buying and Selling at Expedia Group

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

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.