2,377 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Canada Post Corp Registered Pension Plan

Canada Post Corp Registered Pension Plan bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,377 shares of the online travel company’s stock, valued at approximately $443,000.

A number of other institutional investors also recently bought and sold shares of the business. SRH Advisors LLC purchased a new stake in shares of Expedia Group in the 4th quarter valued at $28,000. Sava Infond d.o.o. purchased a new stake in Expedia Group in the fourth quarter valued at $28,000. Grove Bank & Trust grew its position in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Prudent Man Investment Management Inc. purchased a new position in shares of Expedia Group during the 4th quarter valued at about $34,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Expedia Group by 75.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after buying an additional 117 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Truist Financial lifted their price target on Expedia Group from $163.00 to $175.00 and gave the company a “hold” rating in a research report on Wednesday, March 12th. Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Friday, February 7th. JPMorgan Chase & Co. lowered their price target on shares of Expedia Group from $205.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. Morgan Stanley lifted their price objective on shares of Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. Finally, The Goldman Sachs Group increased their target price on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $191.43.

Expedia Group Stock Up 1.6 %

Shares of NASDAQ:EXPE opened at $151.59 on Wednesday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The stock has a market cap of $19.53 billion, a P/E ratio of 16.75, a PEG ratio of 0.92 and a beta of 1.65. The business has a fifty day moving average of $176.64 and a two-hundred day moving average of $175.04. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. On average, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.06%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s dividend payout ratio (DPR) is currently 17.68%.

Expedia Group 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.