2 weeks Ago By Defense World Staff
Legal & General Group Plc cut its stake in Booking Holdings Inc. ( NASDAQ:BKNG – Free Report ) by 0.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 282,379 shares of the business services provider’s stock after selling 291 shares during the period. Legal & General Group Plc owned about 0.83% of Booking worth $1,118,643,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the stock. Global Assets Advisory LLC acquired a new position in Booking during the first quarter worth approximately $401,371,000. BlueSpruce Investments LP acquired a new position in shares of Booking in the 4th quarter valued at $220,080,000.
Bessemer Group Inc. raised its position in Booking by 4,565.4% in the 1st quarter.
Bessemer Group Inc. now owns 62,610 shares of the business services provider’s stock valued at $227,143,000 after purchasing an additional 61,268 shares during the last quarter. Morningstar Investment Services LLC boosted its stake in Booking by 96.
3% during the 4th quarter. Morningstar Investment Services LLC now owns 113,572 shares of the business services provider’s stock worth $403,233,000 after purchasing an additional 55,716 shares during the period. Finally, Mawer Investment Management Ltd.
boosted its stake in Booking by 29.2% during the 1st quarter. Mawer Investment Management Ltd.
now owns 193,515 shares of the business services provider’s stock worth $702,049,000 after purchasing an additional 43,743 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.
Booking Stock Up 2.2 % NASDAQ BKNG opened at $4,268.94 on Friday.
Booking Holdings Inc. has a fifty-two week low of $2,733.04 and a fifty-two week high of $4,272.
88. The business has a fifty day moving average of $3,783.93 and a 200-day moving average of $3,745.
25. The stock has a market cap of $144.84 billion, a price-to-earnings ratio of 32.
02, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40.
Booking Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 6th will be issued a $8.75 dividend.
The ex-dividend date of this dividend is Friday, September 6th. This represents a $35.00 annualized dividend and a yield of 0.
82%. Booking’s dividend payout ratio (DPR) is presently 26.25%.
Insider Transactions at Booking In related news, CEO Glenn D. Fogel sold 750 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $4,067.
65, for a total value of $3,050,737.50. Following the completion of the transaction, the chief executive officer now directly owns 24,721 shares in the company, valued at $100,556,375.
65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . In related news, CEO Glenn D.
Fogel sold 750 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $4,067.65, for a total transaction of $3,050,737.
50. Following the completion of the transaction, the chief executive officer now owns 24,721 shares of the company’s stock, valued at $100,556,375.65.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $3,887.
61, for a total transaction of $388,761.00. Following the sale, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.
07. The disclosure for this sale can be found here . Insiders own 0.
12% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on the stock. Benchmark reduced their target price on shares of Booking from $4,700.
00 to $4,600.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on Booking from $4,275.
00 to $4,105.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Wells Fargo & Company increased their price objective on Booking from $3,497.
00 to $3,976.00 and gave the stock an “equal weight” rating in a research report on Friday, August 2nd. Evercore ISI dropped their target price on Booking from $4,500.
00 to $4,200.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Friday, June 14th.
Eleven research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $4,064.21.
Check Out Our Latest Stock Report on BKNG Booking Profile ( Free Report ) Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.
com, priceline.com and agoda.com brands.
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