Mirae Asset Global Investments Co. Ltd. Acquires Shares in Expedia Group, Inc.

On February 10, 2025, it was reported that Mirae Asset Global Investments Co. Ltd. has increased its investment in Expedia Group, Inc. (NASDAQ:EXPE) by 21.7% during the fourth quarter. This move followed the purchase of an additional 2,252 shares, bringing the total number of shares owned to 12,608. The value of Mirae Asset's holdings in the online travel company now stands at approximately $2,347,000, as stated in their latest SEC filing.

Other institutional investors have also made recent adjustments to their holdings in Expedia Group. For instance, Greenleaf Trust increased its stake by 2.5%, now owning 2,520 shares valued at $470,000 after purchasing 61 additional shares. Similarly, Hantz Financial Services Inc. raised its position by 2.1% in the third quarter, currently owning 2,980 shares worth $441,000 after acquiring 62 more shares. Furthermore, Empirical Finance LLC grew its holdings by 1.3% and now owns 4,754 shares valued at $704,000, having added 63 shares recently. UMB Bank n.a. also boosted its holdings by 14.8%, owning 489 shares after acquiring 63 shares during the same quarter. Venture Visionary Partners LLC saw a 0.6% increase in its position, now possessing 11,367 shares valued at $1,683,000 through the purchase of 64 additional shares. Overall, institutional investors currently hold 90.76% of Expedia Group's stock.

Recent Analyst Ratings for Expedia Group

Several financial analysts have recently reviewed Expedia Group, with various insights. BTIG Research has raised its price target from $175.00 to $200.00, assigning a "buy" rating on November 8. The Goldman Sachs Group has also increased its price objective from $208.00 to $236.00, also maintaining a "buy" rating as of January 10. Morgan Stanley adjusted its target price from $180.00 to $185.00, giving the stock an "equal weight" rating. Argus enhanced its price target from $210.00 to $220.00, continuing with a "buy" rating. Lastly, Jefferies Financial Group raised its price goal from $145.00 to $160.00, rating the stock as a "hold". Overall, Expedia Group has received a blend of ratings: 19 analysts hold the stock, 12 have assigned a buy rating, while 2 have issued a strong buy rating. MarketBeat reports a consensus rating of "Hold" with an average target price of $187.93.

Insider Transactions at Expedia Group

In corporate news, insider Robert J. Dzielak sold 1,951 shares of Expedia's stock on November 21 at an average price of $180.00, generating a transaction total of $351,180. Following this sale, Dzielak owns 85,250 shares valued at around $15,345,000, marking a 2.24% drop in his ownership percentage. The transaction details were disclosed in a filing with the SEC. Additionally, Director Dara Khosrowshahi sold 10,000 shares on February 3 at an average price of $169.79, resulting in a transaction of $1,697,900. Following this sale, Khosrowshahi owns 158,505 shares valued at $26,912,563.95, representing a 5.93% decline in ownership. During the last quarter, insiders sold a total of 28,951 shares worth $5,174,510, with corporate insiders now holding 6.80% of the company's stock.

Expedia Group Stock Performance

As of the last trading session, shares of Expedia Group opened at $202.37. The company's 50-day moving average price is $182.42, and the two-hundred day moving average price is $160.59, highlighting a market capitalization of $25.97 billion. The price-to-earnings ratio stands at 22.36, with a PEG ratio of 0.82 and a beta of 1.82. Expedia Group's shares have fluctuated within a 12-month range, with a low of $107.25 and a high of $205.12. The company recently reported its quarterly earnings, with earnings per share (EPS) of $1.84, falling short of analyst expectations by $0.22. The company has a return on equity of 55.42% alongside a net margin of 9.01%. Analysts project that Expedia Group will report 10.75 EPS for the current fiscal year.

Dividend Announcement from Expedia Group

Expedia Group has announced a quarterly dividend that will be disbursed on March 27. Shareholders recorded on March 6 will receive a $0.40 dividend, an increase from the previous dividend of $0.34. The ex-dividend date is set for March 6. This new dividend translates to an annualized dividend of $1.60, resulting in a 0.79% dividend yield, and the company’s dividend payout ratio (DPR) now stands at 17.68%.

Overview of Expedia Group

Expedia Group, Inc. operates as an online travel agency, providing services both domestically and internationally. The company has various segments, including B2C and B2B, and operates brands like Brand Expedia, Hotels.com, Vrbo, Orbitz, and more, catering to a wide range of travel needs.

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