Keybank National Association OH Buys 3,906 Shares of Expedia Group, Inc. $EXPE

Keybank National Association OH boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 175.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,130 shares of the online travel company’s stock after purchasing an additional 3,906 shares during the quarter. Keybank National Association OH’s holdings in Expedia Group were worth $1,415,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Stock Yards Bank & Trust Co. boosted its holdings in Expedia Group by 1.5% in the first quarter. Stock Yards Bank & Trust Co. now owns 180,324 shares of the online travel company’s stock worth $41,635,000 after acquiring an additional 2,729 shares in the last quarter. USS Investment Management Ltd raised its position in shares of Expedia Group by 4.7% during the first quarter. USS Investment Management Ltd now owns 22,551 shares of the online travel company’s stock worth $5,204,000 after purchasing an additional 1,021 shares during the period. IFM Investors Pty Ltd lifted its holdings in shares of Expedia Group by 9.1% in the 1st quarter. IFM Investors Pty Ltd now owns 23,136 shares of the online travel company’s stock worth $5,342,000 after purchasing an additional 1,924 shares in the last quarter. iA Global Asset Management Inc. grew its position in Expedia Group by 41.6% in the 1st quarter. iA Global Asset Management Inc. now owns 23,328 shares of the online travel company’s stock valued at $5,386,000 after purchasing an additional 6,850 shares during the period. Finally, Element Squared LLC acquired a new stake in Expedia Group in the 1st quarter valued at $2,273,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have weighed in on EXPE. B. Riley Financial lowered their price objective on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a report on Monday, May 18th. Susquehanna boosted their target price on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Citic Securities lowered their target price on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $284.30.

Expedia Group Stock Up 2.2%

EXPE traded up $5.89 during mid-day trading on Tuesday, reaching $272.65. 114,957 shares of the stock were exchanged, compared to its average volume of 2,148,076. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market capitalization of $33.41 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. The company has a 50 day moving average price of $236.11 and a two-hundred day moving average price of $245.85.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. As a group, research analysts anticipate that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.