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Expedia Group, Inc. $EXPE Shares Acquired by Swiss Life Asset Management Ltd
Swiss Life Asset Management Ltd increased its stake in Expedia Group, Inc. by 48.6% in the third quarter, bringing their total holdings to 43,222 shares valued at $9.24 million. Expedia reported strong quarterly earnings, beating analyst expectations with an EPS of $3.78 and revenue of $3.55 billion, and raised its quarterly dividend to $0.48. Despite a “Hold” consensus rating from analysts, several institutional investors also adjusted their positions in the travel company.