Northern Trust Corp Has $237.74 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Northern Trust Corp raised its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,275,907 shares of the online travel company's stock after buying an additional 102,949 shares during the quarter. Northern Trust Corp owned 0.99% of Expedia Group worth $237,740,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. Greenleaf Trust raised its position in shares of Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock valued at $470,000 after acquiring an additional 61 shares during the period. UMB Bank n.a. raised its holdings in Expedia Group by 14.8% in the fourth 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 period. Signet Financial Management LLC boosted its position in shares of Expedia Group by 0.3% during the fourth 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 in the last quarter. Metis Global Partners LLC boosted its position in shares of Expedia Group by 1.8% during the fourth quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock worth $773,000 after purchasing an additional 74 shares in the last quarter. Finally, Diametric Capital LP grew its holdings in shares of Expedia Group by 1.6% in the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock valued at $883,000 after buying an additional 74 shares during the period. Institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wells Fargo & Company set a $143.00 target price on Expedia Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. Benchmark reiterated a "buy" rating and set a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. The Goldman Sachs Group boosted their price objective on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Hsbc Global Res raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Finally, Melius upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price target for the company in a report on Monday, January 6th. Nineteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, Expedia Group has an average rating of "Moderate Buy" and an average target price of $191.89.

Expedia Group Trading Up 0.7 %

EXPE stock opened at $157.96 on Friday. The stock has a market cap of $20.35 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The company has a fifty day moving average price of $165.47 and a two-hundred day moving average price of $175.35. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently announced 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 of this dividend was Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.01%. 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%.

Insider Activity

In related news, Director Dara Khosrowshahi sold 10,000 shares of the 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 sale, the director now owns 158,505 shares of the company's stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by company insiders.

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.

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