Walter Public Investments Inc. Increases Holdings in Expedia Group, Inc. $EXPE

Walter Public Investments Inc. increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 62.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,960 shares of the online travel company’s stock after buying an additional 17,630 shares during the quarter. Expedia Group accounts for 1.6% of Walter Public Investments Inc.’s portfolio, making the stock its 28th largest position. Walter Public Investments Inc.’s holdings in Expedia Group were worth $9,824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EXPE. Spire Wealth Management raised its stake in shares of Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter valued at $29,000. Trust Co. of Toledo NA OH purchased a new position in Expedia Group in the 2nd quarter worth $31,000. SOA Wealth Advisors LLC. purchased a new position in Expedia Group in the 3rd quarter worth $36,000. Finally, Armstrong Advisory Group Inc. lifted its stake in Expedia Group by 212.7% in the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock worth $37,000 after purchasing an additional 117 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. The trade was a 8.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the transaction, the director owned 2,916 shares in the company, valued at $752,328. This represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,849 shares of company stock valued at $1,283,270. Company insiders own 9.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on EXPE shares. Cantor Fitzgerald raised their price objective on Expedia Group from $220.00 to $285.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Mizuho increased their target price on Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Wedbush raised their price target on Expedia Group from $250.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. BMO Capital Markets lifted their price target on Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Finally, BNP Paribas started coverage on Expedia Group in a research note on Monday, November 24th. They set a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $285.16.

Expedia Group Trading Down 3.1%

NASDAQ EXPE opened at $290.76 on Thursday. The stock has a market cap of $35.63 billion, a P/E ratio of 27.82, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The stock has a 50 day simple moving average of $272.24 and a two-hundred day simple moving average of $228.67. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the prior year, the company earned $6.13 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.