Cozad Asset Management Inc. Purchases 308 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Cozad Asset Management Inc. grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 31,131 shares of the online travel company’s stock after acquiring an additional 308 shares during the period. Cozad Asset Management Inc.’s holdings in Expedia Group were worth $5,801,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Greenleaf Trust raised its position in Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares during the last quarter. Hantz Financial Services Inc. raised its position in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares during the last quarter. Empirical Finance LLC raised its position in Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after purchasing an additional 63 shares during the last quarter. UMB Bank n.a. raised its position in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares during the last quarter. Finally, Signet Financial Management LLC raised its position in Expedia Group by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock worth $4,751,000 after purchasing an additional 74 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $162.11 on Monday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $207.73. The stock’s 50 day moving average price is $184.92 and its 200-day moving average price is $171.90. The company has a market capitalization of $20.89 billion, a PE ratio of 17.91, a PEG ratio of 0.92 and a beta of 1.83. 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 earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is 17.68%.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred 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 sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,000 shares of company stock valued at $4,577,900. 6.80% of the stock is owned by company insiders.

Analyst Ratings Changes

EXPE has been the subject of several analyst reports. B. Riley reaffirmed a “buy” rating and set a $235.00 target price (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. The Goldman Sachs Group lifted their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Truist Financial lifted their price objective on Expedia Group from $163.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday, March 12th. Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, DA Davidson lifted their price objective on Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $193.61.

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.