Walter Public Investments Inc. Has $4.78 Million Stake in Expedia Group, Inc. $EXPE

Key Points

• Walter Public Investments Inc. has reduced its stake in Expedia Group by 63.0%, now owning 28,330 shares valued at approximately $4.78 million.
• Expedia Group reported a quarterly EPS of $4.24, exceeding the estimated $4.13, with revenues of $3.79 billion indicating a year-over-year increase of 6.4%.
• The company recently announced a quarterly dividend of $0.40, resulting in an annualized dividend of $1.60 and a yield of 0.7%.

Walter Public Investments Inc. decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 63.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 28,330 shares of the online travel company's stock after selling 48,244 shares during the period. Walter Public Investments Inc.'s holdings in Expedia Group were worth $4,779,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. McClarren Financial Advisors Inc. acquired a new stake in Expedia Group in the 1st quarter valued at approximately $28,000. Atlas Capital Advisors Inc. acquired a new stake in Expedia Group in the 1st quarter valued at approximately $28,000. Park Square Financial Group LLC acquired a new stake in Expedia Group in the 1st quarter valued at approximately $34,000. Zions Bancorporation National Association UT acquired a new stake in Expedia Group in the 1st quarter valued at approximately $36,000. Finally, Larson Financial Group LLC grew its holdings in Expedia Group by 2,175.0% in the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock valued at $46,000 after buying an additional 261 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Up 0.2%

NASDAQ EXPE opened at $222.43 on Friday. The stock has a fifty day moving average of $202.25 and a 200-day moving average of $177.86. The stock has a market capitalization of $27.52 billion, a P/E ratio of 27.26, a price-to-earnings-growth ratio of 1.17 and a beta of 1.57. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $229.00. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is 19.61%.

Insider Activity

In related news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,816 shares of company stock valued at $2,009,132. Company insiders own 9.13% of the company's stock.

Wall Street Analysts Forecast Growth

EXPE has been the topic of a number of research analyst reports. Oppenheimer reaffirmed an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Wall Street Zen raised Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Royal Bank Of Canada raised their target price on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Wedbush raised their price objective on Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Finally, UBS Group raised their price objective on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $205.63.

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.

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