Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Cozad Asset Management Inc.

Cozad Asset Management Inc. increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.9% in the first quarter, HoldingsChannel reports. The firm owned 31,401 shares of the online travel company’s stock after acquiring an additional 270 shares during the quarter. Cozad Asset Management Inc.’s holdings in Expedia Group were worth $5,279,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of EXPE. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth about $27,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group during the fourth quarter worth about $34,000. Park Square Financial Group LLC acquired a new stake in shares of Expedia Group during the first quarter worth about $34,000. Optiver Holding B.V. acquired a new stake in shares of Expedia Group during the fourth quarter worth about $38,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Expedia Group during the fourth quarter worth about $45,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Down 0.1%

Shares of EXPE opened at $187.16 on Tuesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a one year low of $110.20 and a one year high of $207.73. The stock has a market capitalization of $23.79 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 0.90 and a beta of 1.57. The stock has a 50 day moving average price of $172.83 and a 200 day moving average price of $172.60.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.85%. The ex-dividend date was Thursday, May 29th. Expedia Group’s payout ratio is currently 18.87%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EXPE shares. Morgan Stanley boosted their price target on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, July 21st. UBS Group boosted their price target on Expedia Group from $166.00 to $182.00 and gave the company a “neutral” rating in a report on Monday. Bank of America boosted their price target on Expedia Group from $205.00 to $211.00 and gave the company a “buy” rating in a report on Friday, May 9th. Oppenheimer decreased their price target on Expedia Group from $230.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, May 9th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Expedia Group has an average rating of “Moderate Buy” and a consensus price target of $189.38.

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.