Elo Mutual Pension Insurance Co Sells 419 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Elo Mutual Pension Insurance Co lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,763 shares of the online travel company’s stock after selling 419 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Expedia Group were worth $1,482,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EXPE. Public Employees Retirement Association of Colorado boosted its stake in shares of Expedia Group by 80.2% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 16,338 shares of the online travel company’s stock valued at $2,480,000 after buying an additional 7,270 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of 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 valued at $47,302,000 after acquiring an additional 6,432 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Expedia Group by 18.3% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock worth $21,333,000 after purchasing an additional 23,939 shares in the last quarter. Swedbank AB increased its position in shares of Expedia Group by 5.0% in 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. raised its stake 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 in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Up 1.1 %

Shares of NASDAQ:EXPE opened at $144.04 on Friday. The business has a fifty day simple moving average of $131.94 and a 200 day simple moving average of $128.09. Expedia Group, Inc. has a 12-month low of $92.48 and a 12-month high of $160.05. The firm has a market cap of $19.63 billion, a P/E ratio of 26.97, a P/E/G ratio of 0.51 and a beta of 1.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the prior year, the business posted $2.34 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. Analysts predict that Expedia Group, Inc. will post 8.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EXPE. Truist Financial started coverage on shares of Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. Barclays decreased their price objective 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. Royal Bank of Canada restated a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Wells Fargo & Company decreased their price target on Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Finally, Benchmark restated a “buy” rating and set a $180.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Eighteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $148.00.

Insider Transactions at Expedia Group

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

Expedia Group 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.