Expedia Group, Inc. $EXPE Shares Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 72.2% during the second quarter, Holdings Channel.com reports. The fund owned 3,071 shares of the online travel company’s stock after purchasing an additional 1,288 shares during the quarter. Kera Capital Partners Inc.’s holdings in Expedia Group were worth $518,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Expedia Group by 2.7% in the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after acquiring an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC raised its position in Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after purchasing an additional 398,804 shares during the period. AQR Capital Management LLC raised its position in Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares during the period. Nuveen LLC purchased a new position in Expedia Group in the first quarter valued at about $227,174,000. Finally, Northern Trust Corp raised its position in Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock valued at $223,822,000 after purchasing an additional 55,575 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Up 0.4%

Shares of NASDAQ EXPE opened at $222.19 on Friday. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $223.22. The firm has a market cap of $27.49 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 1.16 and a beta of 1.57. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The stock’s 50-day simple moving average is $197.76 and its 200-day simple moving average is $176.92.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.Expedia Group’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group’s payout ratio is currently 19.61%.

Analysts Set New Price Targets

Several research firms have commented on EXPE. Citigroup raised their price objective on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Royal Bank Of Canada raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. Morgan Stanley raised their price objective on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price objective on shares of Expedia Group in a research report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $205.63.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is owned by insiders.

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.