1,090 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Alerus Financial NA

Alerus Financial NA acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,090 shares of the online travel company’s stock, valued at approximately $203,000.

Other institutional investors also recently made changes to their positions in the company. SRH Advisors LLC bought a new stake in Expedia Group in the fourth quarter worth $28,000. Sava Infond d.o.o. bought a new position in shares of Expedia Group during the fourth quarter valued at about $28,000. Grove Bank & Trust increased its holdings in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares during the period. EverSource Wealth Advisors LLC raised its position in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock valued at $51,000 after purchasing an additional 117 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in Expedia Group in the 3rd quarter worth approximately $51,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 0.6 %

EXPE stock opened at $168.10 on Friday. The business’s 50-day moving average is $182.46 and its two-hundred day moving average is $173.86. The company has a market cap of $21.66 billion, a price-to-earnings ratio of 18.57, a P/E/G ratio of 0.92 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72.

Expedia Group (NASDAQ:EXPE) last posted 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 return on equity of 52.41% and a net margin of 9.01%. As a group, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.40 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. Expedia Group’s dividend payout ratio is presently 17.68%.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the transaction, the insider now directly owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock valued at $4,577,900 over the last quarter. 6.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. The Goldman Sachs Group raised their price target on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. DA Davidson boosted their price target on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Argus raised their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Finally, Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th. Nineteen investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.43.

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.