Nomura Holdings Inc. Has $43.65 Million Holdings in Expedia Group Inc (NASDAQ:EXPE)

Nomura Holdings Inc. cut its position in Expedia Group Inc (NASDAQ:EXPE) by 0.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 327,654 shares of the online travel company’s stock after selling 1,292 shares during the quarter. Nomura Holdings Inc.’s holdings in Expedia Group were worth $43,647,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. ETRADE Capital Management LLC boosted its holdings in Expedia Group by 0.4% in the 2nd quarter. ETRADE Capital Management LLC now owns 19,933 shares of the online travel company’s stock valued at $2,652,000 after purchasing an additional 79 shares during the period. Crewe Advisors LLC boosted its holdings in Expedia Group by 11.7% in the 2nd quarter. Crewe Advisors LLC now owns 775 shares of the online travel company’s stock valued at $103,000 after purchasing an additional 81 shares during the period. Veritable L.P. boosted its holdings in Expedia Group by 2.4% in the 2nd quarter. Veritable L.P. now owns 3,775 shares of the online travel company’s stock valued at $502,000 after purchasing an additional 88 shares during the period. Commonwealth Bank of Australia boosted its holdings in Expedia Group by 1.0% in the 1st quarter. Commonwealth Bank of Australia now owns 9,706 shares of the online travel company’s stock valued at $1,149,000 after purchasing an additional 100 shares during the period. Finally, Korea Investment CORP boosted its holdings in Expedia Group by 2.3% in the 2nd quarter. Korea Investment CORP now owns 4,500 shares of the online travel company’s stock valued at $599,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 80.03% of the company’s stock.

EXPE stock traded down $0.49 during trading on Friday, hitting $133.99. 115,221 shares of the stock traded hands, compared to its average volume of 1,180,127. Expedia Group Inc has a one year low of $108.11 and a one year high of $144.00. The stock has a market cap of $20.24 billion, a price-to-earnings ratio of 27.83, a P/E/G ratio of 1.71 and a beta of 1.07. The company has a 50 day simple moving average of $129.82 and a 200 day simple moving average of $126.54. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.71.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, July 25th. The online travel company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.07. Expedia Group had a net margin of 5.36% and a return on equity of 14.20%. The firm had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period last year, the firm posted $1.45 EPS. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. As a group, analysts predict that Expedia Group Inc will post 5.8 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 22nd were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Wednesday, August 21st. This is a boost from Expedia Group’s previous quarterly dividend of $0.32. Expedia Group’s dividend payout ratio (DPR) is presently 28.27%.

A number of research firms have recently commented on EXPE. Royal Bank of Canada raised their price objective on shares of Expedia Group to $177.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. BidaskClub downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th. TheStreet raised shares of Expedia Group from a “c+” rating to an “a-” rating in a report on Thursday, July 25th. Argus raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a report on Wednesday, July 31st. Finally, UBS Group raised their price objective on shares of Expedia Group to $156.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $152.57.

In other Expedia Group news, Director Craig A. Jacobson sold 3,300 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $130.53, for a total value of $430,749.00. Following the completion of the sale, the director now owns 30,480 shares in the company, valued at approximately $3,978,554.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 50,000 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $132.98, for a total transaction of $6,649,000.00. Following the completion of the sale, the director now owns 477,677 shares of the company’s stock, valued at approximately $63,521,487.46. The disclosure for this sale can be found here. Insiders sold a total of 58,449 shares of company stock valued at $7,754,611 in the last 90 days. Corporate insiders own 20.96% of the company’s stock.

Expedia Group Profile

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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