Kera Capital Partners Inc. Raises Holdings in Expedia Group, Inc. $EXPE

Key Points

• Kera Capital Partners Inc. increased its holdings in Expedia Group, Inc. by 72.2%, owning 3,071 shares valued at approximately $518,000 by the end of the second quarter.
• Several major investors, including Vanguard Group Inc. and AQR Capital Management LLC, also significantly raised their stakes in Expedia Group during the first quarter.
• Analysts have increased price targets for Expedia Group, with Bank of America raising its target from $211 to $240, while Benchmark raised theirs from $215 to $265, both assigning a "buy" rating for the stock.

Kera Capital Partners Inc. lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 72.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,071 shares of the online travel company's stock after buying an additional 1,288 shares during the period. Kera Capital Partners Inc.'s holdings in Expedia Group were worth $518,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. increased its stake in Expedia Group by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company's stock valued at $2,555,424,000 after purchasing an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC increased its stake in Expedia Group by 20.2% in the 1st 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 in the last quarter. AQR Capital Management LLC increased its stake in Expedia Group by 174.0% in the 1st 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 in the last quarter. Nuveen LLC purchased a new position in Expedia Group in the 1st quarter valued at approximately $227,174,000. Finally, Northern Trust Corp increased its stake in Expedia Group by 4.4% in the 1st 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 in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This trade represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 over the last quarter. 9.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on EXPE. Bank of America raised their price objective on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Benchmark raised their price objective on Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Oppenheimer reaffirmed an "outperform" rating on shares of Expedia Group in a research note on Friday, August 8th. B. Riley increased their target price on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Wall Street Zen upgraded Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and an average price target of $205.63.

Expedia Group Price Performance

EXPE stock opened at $222.19 on Friday. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $223.22. The stock's fifty day simple moving average is $197.76 and its 200-day simple moving average is $176.92. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $27.49 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 1.16 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter last year, the firm earned $3.51 earnings per share. The business's revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group's dividend payout ratio (DPR) is 19.61%.

Expedia Group Company Profile

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.

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