Harvest Fund Management Co. Ltd Has $1.46 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Harvest Fund Management Co. Ltd increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 147.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,851 shares of the online travel company's stock after acquiring an additional 4,683 shares during the period. Harvest Fund Management Co. Ltd's holdings in Expedia Group were worth $1,463,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SRH Advisors LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at about $28,000. Grove Bank & Trust lifted its stake in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after acquiring an additional 142 shares in the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group during the 3rd quarter worth approximately $51,000. EverSource Wealth Advisors LLC grew its stake in shares of Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company's stock worth $51,000 after acquiring an additional 117 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $72,000. 90.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred 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 in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock valued at $4,577,900 in the last three months. Corporate insiders own 6.80% of the company's stock.

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Analysts Set New Price Targets

Several research analysts recently commented on EXPE shares. Barclays increased their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a report on Friday, February 7th. DA Davidson increased their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $210.00 target price (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Susquehanna upped their target price on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Finally, Melius Research upgraded Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $193.43.

Expedia Group Stock Performance

Shares of Expedia Group stock traded up $4.48 during trading on Monday, reaching $178.29. The company's stock had a trading volume of 1,948,571 shares, compared to its average volume of 1,905,533. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The business's 50-day moving average price is $183.68 and its 200-day moving average price is $173.03. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The firm has a market cap of $22.97 billion, a PE ratio of 19.70, a P/E/G ratio of 0.92 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) 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 net margin of 9.01% and a return on equity of 52.41%. Equities 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 disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is 17.68%.

Expedia Group Company 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.